This from earlier:
Japan is opening after a long weekend to find the Yen more than 1% weaker. Such a big move has cleared out a lot of orders.
Initially for today (I’ll have more when it comes available):
Some bids around 94.00, 93.85/95 bids again.
Offers ahead of 94.50 (there are barriers options there – note that mostly barrier option interest has acted as speed bumps in the path of further rises, not as solid resistance). Option-related sellers also ahead of 94.75 and 95.00.
Updating:
- Bids have firmed up 94.00/10
- Offers around 94.75 have thinned out, offers at 95.00 increased.
