USDJPY has been in retreat today but option-related demand is in play 9 Aug
Further to my daily expiry post we have seen USDJPY fall back to 102.16 but there is decent interest at 102.00 rolling off today.
Not huge but in these summer markets it may well be enough to keep a base to the pair.
Currently back to 102.24 keep an eye as we head into expiry time at 14.00 GMT
Remember that these are "vanilla" options so still in play right up to expiry at 14.00 GMT on the day even if breached in the meantime, unlike barrier options.
For more on how to use this info click here.
