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EUR

EUR Strength Pervades After London Close

OPTIONS

EUROPE SUMMARY: Sterling Put Liquidation

US EURODLR FUTURES

Dec23/Dec24 Spread Sold

COMMODITIES

Oil Inches Off Cycle Highs on OPEC+ Comments

OPTIONS

Larger FX Option Pipeline

CABLE
CABLE: Recovery efforts remain shallow in early NY with GBPUSD touching 11-month
lows of $1.2920. Near-term support is seen at $1.2910 from the lower boundary of
the two month descending channel, a break opens $1.2860 which represent
downtrend support off the May29 low. GBPJPY holds at triple-bottom support
around the Y144.05/10 area, the YTD low at Y143.20 remains main downside focus.