EUR/JPY little firmer on day; sell orders, stops, option interest noted

EUR/JPY is trading up at 134.35, marginally firmer from a European opening down around 134.00.

The JPY remains weak, underminned by talk of large Toshin issuance tomorrow and generally strong risk appetite.

Sources note sell orders up at 134.80/00, just ahead of touted 135.00 barrier option interest. Not surprisingly, buy stops are said to be gathering just north of 135.00.