Information is as always a bit sketchy as always on a Monday morning but this is what I have gleaned so far
- Strong bids around 94.00 in USD/JPY which should contain any early sell-off
- EUR/USD books are light at current levels with most of the action expected around 1.41, with buyers ahead of that level and stops below. Heavy bids now concentrated around 1.3980/1.4000.
- Still hearing talk of Middle East buying in EUR/GBP around .6500-20.
