OPTIONS: Expiries for Jun12 NY cut 1000ET (Source DTCC)

Jun-11 14:34
  • EUR/USD: $1.1350(E1.9bln), $1.1395-00(E1.3bln), $1.1425-35(E1.4bln), $1.1440-50(E2.7bln), $1.1500(E2.4bln), $1.1525(E835mln)
  • USD/JPY: Y143.00($1.3bln), Y143.85-00($1.0bln)
  • GBP/USD: $1.3400-15(Gbp690mln)
  • AUD/USD: $0.6475-85(A$1.1bln), $0.6500(A$532mln), $0.6520-30(A$992mln), $0.6600(A%643mln)
  • USD/CAD: C$1.3750($833mln)
  • USD/CNY: Cny7.1600($515mln), Cny7.2200($831mln)

Historical bullets

UK DATA: MNI UK Labour Market Preview: May 2025 Release

May-12 14:17

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  • Official UK labour market data has fallen in priority over the past few months, but it still has the potential to be very market moving.
  • We look ahead to this month's print and also look at the key part of the BOE's MPR with respect to labour market data.

EURJPY TECHS: Breaches Resistance

May-12 14:15
  • RES 4: 167.40 61.8% retracement of the Jul 11 - Aug ‘24 sell-off 
  • RES 3: 166.69 High Oct 31 2024 and a key resistance          
  • RES 2: 166.14 2.0% 10-dma envelope  
  • RES 1: 165.43 High Nov 8 2024
  • PRICE: 164.86 @ 15:15 GMT May 12
  • SUP 1: 162.61 20-day EMA     
  • SUP 2: 161.88/60 50-day EMA / Low May 6
  • SUP 3: 160.99 Low Apr 22  
  • SUP 4: 159.48 Low Apr 9  

A bullish theme in EURJPY remains intact. Today’s gains reinforce this condition and have resulted in a move above the 164.63, Mar 18 high. A clear break of this hurdle would confirm a resumption of the uptrend and pave the way for a climb towards 165.43, the Nov 8 ‘24 high. Moving average studies are in a bull mode position, highlighting a dominant uptrend. Support to watch is 161.88, the 50-day EMA.

BOE: Mann: Will drop restrictive "when it's appropriate"

May-12 14:10

Mann's panel has concluded. She was asked at the end when the BOE would drop the word "restrictive". She simply answered "When it's appropriate."