• EUR/DKK shoots above 7.46, intraday move biggest since EUR intro

• Break above 7.4540/50 appears to trigger hefty stops
  
  
• EUR/DKK above parity rate of 7.46038 for first time since pressures built
  
  
• Traders likely going short on plays betting on EUR/DKK peg break
  
  
• Move ripples through local IRS market, 1-yr rate up 10 bps to -12 bps
  
  
• Volumes on Matching up on move above 7.46, not as big as intervention times