We may start to see some movement after the options cut, here’s a look at the order chatter:
- EUR/USD: (spot at 1.3256): Offers at 1.3300 but order books are light
- Cable (spot 1.6245): offers at 1.6280 and 1.6300; Demand at 1.6200
- AUD/USD (spot at 1.0437): Strong offers at 1.0450/65 with stops above, demand down around the European lows
- EUR/GBP (spot 0.8152): offers at 0.8180/90 demand at 0.8130/25
- Talk of USD/JPY bids all over the place with 80.30 as one area that’s being touted
- EUR/CHF bids at 1.2010
