• AUD/USD: Option protection ahead of .9600; large offers seen above .9650; bids starting at .9475 through .9410 at regular intervals including some Sovereign buyers.
  • USD/CHF: Solid bids reported .9820/40
  • USD/CAD: China seen buying in recent days in low 1.02’s
  • EUR/GBP: Real money selling seen overnight at .8575
  • EUR/USD: BIS noted buyer during NY session on dips towards 1.3350