Euro / Japanese Yen
Short

Yen Monday update...

99
Yen

Both relatively flat and moving in tandem with the Dollar amidst a lack of fresh fundamental newsflow and the US market holiday. USD/JPY holds its head above 106.00 (106.14-38 range), with the NY eyeing USD 1.2bln in option expires at strikes 106.00-15. Meanwhile, USD/CHF retains a 0.9100+ status in a 20-or-so pip parameter at the time of writing, whilst Swiss sights deposits remain elevated heading into this month’s quarterly SNB meeting.

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