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USDCAD TECHS

Remains Vulnerable

AUDUSD TECHS

Northbound

US TSYS

Late SOFR/Eurodollar/Treasury Option Roundup

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Usd/Jpy: European open Y113.32, range...>

YEN SUMMARY
YEN SUMMARY: Usd/Jpy: European open Y113.32, range Y113.31-45, NY open Y113.33,
range Y112.46-113.38
*Soft US Core CPI (Headline in-line) triggered fresh dollar sales to
Y113.07, before second wave supply touched extended react lows of Y112.96.
*The dollar pared back some of its earlier losses, as US Tsys
yields firmed and commodities slipped, the rate grinded back towards
Y113.20.
*The dollar comes under a little pressure following GOP Senator Flake
saying he is still undecided on tax bill, has seen the rate drop back towards
Y113.00.
*A sharp jump in the dollar as the AP reports house and senate
leaders reach tax package deal. The rate jumped towards Y113.25 before fading.
*As the FED raises rate, US Tsys Yields dropped sharply and gold
spiked the rate has dropped to fresh session lows of Y112.66 before recovering.
*A further wave of dollar sales, as Yellen takes question witnessed the rate
drop to fresh session lows of Y112.46.

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