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OPTIONS: Hedging volumes slightly lacklustre so far in the session courtesy of a
poor showing from USD/JPY and GBP/USD trading mostly. EUR/USD volumes far
healthier, with USD/CNY total notional also trading slightly ahead of average.
1.15 EUR/USD calls have been particularly popular so far today, with strikes at
1.1655 also in demand. Meanwhile, 1.1375 puts have been bought in size and
helped tip the put/call ratio in favour of puts, sitting at 1.22 so far Friday.