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Citi Note Recent Interest In Short-Term EUR/USD & USD/JPY NFP Plays

OPTIONS

Wednesday saw Citi note that "fast money segments have shown increased interest for very near-dated EUR/USD downside option structures. The sentiment likely reflects market participants attempting to play the possibility of a stronger than expected NFP print Friday. That could serve to embolden Fed taper dialogue, while also buoying both U.S. nominal and real yields." In a similar vein, they also noted "increased fast money interest towards playing short-term USD/JPY topside."

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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