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GBPUSD TECHS

Attention Is On The 50-day EMA

EURUSD TECHS

Clears Key Support

OPTIONS

Larger FX Option Pipeline

EURO-YEN
EURO-YEN: It has been a quiet start to the new trading day, the cross holding a
narrow Y133.88 to Y134.04 range. Japan's labour report, inflation and capital
spending data provide the event risks for the session ahead. Nikkei is expected
to take its cue from Wall St and open higher, futures were last +0.6%. Above
yesterday's Y134.15 high resistance is seen at Y134.50 (Ytd high, Oct 25), while
at Y133.31 yesterday's hourly resistance is expected to act as support. Euro-yen
was last at Y134.02