Traders are pinning much of the USD/JPY selling today on a German mega-bank. Perhaps that gives some credence to the European bond redemption talk heard earlier…
Good bids are seen on orders boards in the 90.60/80 region, sources report. We trade now at 90.94 after talk of sovereign buying on the most recent dip.
For EUR/USD, former session highs near 1.4520 are providing some support on pullbacks near-term.
