First appeared on eFXplus on May 18 - 01:30 AM
- USD/JPY to as high as 111.005 in Asia, talk stops above.
- Questionable whether presumed option barriers at strike tripped.
- Big Japanese money center bank seen behind bull-dozer move to high.
- Offers trail up but nothing immensely large, more barriers tipped above.
- Stops eyed above presumed barriers at 111.50, 112.00.
- US yields remain supportive, Treasury 10s @3.112%.
USD/JPY: Click here
Thomson Reuters IFR Markets