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SILVER TECHS

Bear Flag

USD

Mostly in the red against G10s

JPY

J.P.Morgan: De-Risking Dominates

FOREX

FX OPTION EXPIRY

DOLLAR-YEN
DOLLAR-YEN: Having stalled ahead of Y112.55 in early NY, persistent dollar
selling linked to soft UST yields has seen the rate ease to the Y112.30/35 area.
Initial support at Y112.20/19 (Asia low, 200-dma), more techs at Y112.10 (Hourly
low).