Source: Thomson Reuters

  • USD/JPY whippy alongside stocks but essentially bid, talk of PKO again.
  • Offers on 119 gradually absorbed, especially at 119.50, more to 120.00.
  • Option expiries at 120.00, USD421 mln, stops above, more 120.40+.
  • Talk of Asia CB US Treasury and USD sales – BNM and BI cited, SSEC PKO?
  • EUR/USD macro bids at 1.1450, AUD/USD local exporter bids 0.7075-75.
  • USD/CAD offers at 1.3350, some targeting 1.3500, bids sub-1.3250.

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