Some chatter for USDJPY
Japanese importers are cushioning the fall in USDJPY. They were on the bid through the Asia session and are said to have bids layed down to 112.00.
On the topside, there are large offers again around 113.00 with stops just above, and more through 113.30/35.
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Thanks Ryan. There’s a roadblock behind these at 111.60 – if we get there.
Definitely. There’s some lumpy options down there too.