There are some buy stops above 97.70 however some sovereign supply lurks in the 97.75/80 zone ahead of strong offers at 98.00.
In the options market, there are expiries littered from 97.00 to 100.00 but the largest is a $1.2B expiry at 97.00.
There are some buy stops above 97.70 however some sovereign supply lurks in the 97.75/80 zone ahead of strong offers at 98.00.
In the options market, there are expiries littered from 97.00 to 100.00 but the largest is a $1.2B expiry at 97.00.