• Cable: talk earlier in the week of Sovereign offers between 1.5250/85 which are likely to still be live
  • EUR/USD: technical players will be watching 1.2625 to see if a neckline can form for a possible H&S formation
  • USD/JPY: talk overnight that BoJ was checking rates around 87.00
  • AUD/USD: macro funds have been seen selling on the approach to .8450 for the last 24 hours