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(U2) More Stable But Still Fragile


Trend Structure Remains Bullish


Cautious Risk Appetite Gains Momentum


Key Support Still Exposed


Late Equity Roundup: 2W Highs

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OPTIONS: Larger option pipeline
EUR/USD: Feb25 $1.0800-15(E1.54bln), $1.1000(E1.29bln); Feb26
$1.0850-55(E1.1bln), $1.0890-1.0900(E1.49bln), $1.1070-90(E1.6bln); Feb28
$1.1050-60(E1.45bln), $1.1100-05(E1.12bln); Mar02 $1.0785(E1.33bln, EUR puts),
$1.1000(E2.3bln); Mar04 $1.1060(E1.2bln)
USD/JPY: Feb26 Y108.95-109.05($1.6bln), Y109.20-30($1.0bln), Y111.00($1.48bln);
Mar02 Y108.20-30($1.07bln)
EUR/JPY: Feb21 Y118.00(E1.15bln, EUR puts)
USD/CHF: Feb26 Chf0.9500($1.05bln, USD puts)
EUR/NOK: Mar02 Nok9.80(E1.11bln, EUR puts)
AUD/USD: Feb25 $0.6675(A$1.18bln); Feb26 $0.6750-80(A$2.59bln)
USD/CAD: Feb27 C$1.3255-75($1.1bln)
USD/CNY: Feb24 Cny7.15($1.5bln); Feb27 Cny6.80($1.2bln)

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