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The JPY is the underperformer on the session....>

YEN
YEN: The JPY is the underperformer on the session thus far, with USDJPY sitting
at session highs of 109.97 at present.
- The pair had a couple of looks at the figure on Tuesday, with no notable break
above seen, meaning that strong resistance is expected into the 200-DMA
(100.20). Support lies at the June 04 low (109.36)
- Nearby FX option expiries of note at today's 10AM NY cut include:
Y109.00($1.53bn), Y109.70-75($750mn), Y110.00($502mn), Y110.50($361mn),
Y111.00-10($1.1bn)
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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