• USD/JPY: Strong bids ahead of 87.00 with heavy stops below; sell orders from leveraged funds 87.80/95, trailing stops above 88.35
• EUR/USD: Option protection ahead of 1.3000, stops tight above. Light bids now starting at 1.2880, trailing stops below 1.2835.
• Cable: Sell orders from Sovereign names seen 1.5540/75.
• USD/CAD: Sovereign bids starting at 1.0250