Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
May 28 - 06:55 AM

USD/JPY - Huge Vanilla Expiries And 110.00 Barriers Cap USD/JPY Advance

By Richard Pace  —  May 28 - 06:04 AM
  • $2-billion 110 USD/JPY FX option expiries at 10-am New York cut nL2N2NF0B5

  • Related hedging can keep FX rate nearby ahead, month end flows prop too

  • Dealers say some 110.00 option barriers expire next week, increasing defence

  • Many barriers part of 108-110.00 DNT - payout if niether strike touched

  • Hourly charts show USD/JPY buffering 110.00 all day, but unable to break

  • 109.96 high on EBS Friday, setbacks limited to 108.80



For more click on FXBUZ


hourly JPY EBS Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved
!