Mild support here at 109.50 in the form of prior resistance from overnight.

Still the dips are being hoovered up but once again US bond yields are on the slide. 2.49% in 10’s now having been as low as 2.477%

$1.1bn going of in the options at 109.50 and we’re bang on the money with 5 mins to go

USD/JPY H1 chart 30 09 2014

USD/JPY H1 chart 30 09 2014