FX Brief 13 December 2017 – Volatility falls despite a slate of Central bank meetings

Here’s a quick brief of what’s happening in markets

Some headers for what’s rocking (or not) markets today.

USDJPY recovers from US Democrat Alabama win ans sees Sszeable bids in place ahead of 113.00. Decent offers around 113.80.
Barriers in play 114.00, 114.50, 115.00 (large)
USDJPY vols continue to drop. 1m vol is at a 2 year low. 1yr vol near 3yr low
AUDUSD still well offered into 0.7580, further offers at 0.7600, stops on a break. Good support 0.7520/25. Barrier 0.7500
EURUSD well supported at 1.1700-1.1690
GBPUSD bids at 1.3300/05 with stops below. Focus on the jobs report at 9.30
Barriers remain topside at 1.36, 1.37, 1.38
AUDJPY with decent offers 86.00 & 86.20, stops noted on both
USDCHF good bids 0.9890