• EUR/USD: talk of option protection ahead of 1.3500; mixture of stops below but more bids 1.3470 down through 1.3430 with Sovereign names prominent. Trailing stops now above 1.3550.
• Cable: bids 1.4970 through 1.4950, again with Sovereign names prominent, but not large amounts (GBP50 million tranches). Stops below 1.4940, bids around 1.4905/20, more stops below 1.4865.
• AUD/USD: solid buying interest .9100 and especially around .9080. Heavy stops tipped below .9050. Heavy offers tipped .9250/60.
• USD/JPY: offers 91.20/20 still from corporate Japan; stops below 89.75;