Currently 106.55 after failing into 106.30
Some option expiry interest on both sides today but rally sellers generally have prevailed into 107.00. I will check later for updates.
Year-end yen repatriation also still in play albeit to a lesser degree given Japanese companies have been on the case for a while now and tomorrow is last day for them.
Good two-way opportunities still.
The strategy has required both patience and discipline in the past 24 hours but I remain a rally seller/yen buyer and jobbing back in the dips.
Offers: 106.65 106.80-85 107.00 107.25 107.35 107.50
Bids: 106.25-30 106.00 105.80 105.65 105.50 105.35 105.20 105.00
