USD demand the order of the day as the session kicks into gear 25 Oct
USDJPY up to 3mth+ highs of 114.17 helping to underpin GBP as GBPJPY buyers return to post 150.54 in a hurry.
USDCHF heading up again and also on session highs at 0.9926 with EURCHF extending gains to post 1.1686, the highest levels since that infamous day in Jan 2015
EURUSD also underpinned by EURJPY demand but countered by EURGBP supply and, yep, still ranging 1.1755-75
US 10-year treasury yields 4 bps to 7-mth highs of 2.45%
More USDJPY offers/res around 114.20 and we should expect rallies to be contained by the large (1.83bln) option interest at 114.00 expiring today as both sides of the contracts do battle.
USDJPY