USDJPY testing support/demand around 111.00 as NA desks re-appear 27 Nov
Currently 111.03 after on 111.01 lows. Decent demand/support around here and into 110.80 still to be broken but general USD softer sentiment combined with equities and oil posting losses again as I type
GBPUSD taking full advantage at 1.3370 underpinned by generl EUR supply and seemingly an option-related interest to keep EURGBP below 0.8950 and now testing 0.8930 again. The total amount is only EUR 500m but maybe enough to create added impact in markets currently scared of their own shadow. GBPUSD has sell interest between 80-00 though.
Keep an eye AUDNZD and core pairs. Large expiries at 111.00 capping the cross so far.
I'm out of here now so I'll wish you good trading and see you all back here tomorrow for some more fickle forex action.
