Quick update on early morning flows/activity
- USD/JPY stops were triggered below 107.35 and AUD/JPY stops were also targeted and tripped below 93.00;
- AUD/NZD stops were triggered below 1.1100 and at various levels below but solid bids emerged 1.1070 to stem the bleeding;
- EUR/JPY support levels held near 135.50/60 and this caused a modest jump in EUR crosses, EUR/AUD in particular;
- Elsewhere, Gold rose by 0.7%, crude oil is -1.2% and S&P futures are -0.6%.
From the FXWW chatroom.