From what we gather, month-end flows are skewed toward dollar buying the flows are not seen as particularly large. More notable is the large option related interest in USD/JPY at 82.90/93.00 which could attract some attention in the next 90 minutes or so ahead of the New York options cut at 15:00 GMT.
Be on the lookout for the odd fiscal cliff headline during the day. As we saw yesterday, Mr. Market reacts to almost any utterance from the fools on the Hill these days.
