Trial now
BOE

BNP continue to expect a 15bp November hike

EGB OPTIONS

Euro-Bund Put Spd, Schatz Vol Sale

HUNGARY

JP Morgan On NBH 1W Deposit and Policy Rates

BOE

UBS also push back first hike to next year

US TSYS

BLOCK, 3M SOFR Fly

OPTIONS

Larger FX Option Pipeline

Bulls Need Close Above Y111.98.....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Bulls Need Close Above Y111.98
*RES 4: Y112.83 55-DMA 
*RES 3: Y112.42 Hourly resistance Jan 10 
*RES 2: Y112.24 100-DMA 
*RES 1: Y111.98 Low Dec 6 now resistance
*PRICE: Y111.78 @ 0530GMT
*SUP 1: Y111.26 Low Jan 10 
*SUP 2: Y110.83 Monthly Low Nov 27 
*SUP 3: Y109.77 Daily Bear channel base 
*SUP 4: Y109.54 Low Sept 15
*COMMENTARY: Time spent above the 55-DMA was brief with the break below Y112.86
leaving the pair looking heavy and bears now focused on Y110.83 Nov lows. Bears
now need a close below Y110.83 to shift initial focus to the bear channel base
and overall focus to tests of 2017 lows. Bulls now need a close above Y111.98 to
ease immediate bearish pressure and above the 100-DMA to shift focus back to
Y112.83-113.44 where the 55-DMA and bear channel top are noted.