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USDCAD TECHS

Stronger In a Range

AUDUSD TECHS

Weaker In A Range

US TSYS SUMMARY

Ending The Week On A Soft Note

EURJPY TECHS

Bearish Risk Growing

USDJPY TECHS

Stronger, But Still Vulnerable

US

SP500 PE Ratio vs. CPI Inflation

Larger Option Pipeline

OPTIONS

EUR/USD: Feb03 $1.2070-80(E1.1bln-EUR puts)

USD/JPY: Feb04 Y104.30-40($1.5bln), Y104.90-00($1.1bln); Feb05 Y103.00($1.0bln-USD puts), Y104.95-105.00($1.0bln)

USD/MXN: Feb04 Mxn20.50($1.7bln)

MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com