The pair’s drifted off in Asia from 78.03 highs, but latest round of selling from an antipodean name pushed the pair down to 77.80. There’s a raft of bids sitting from here down to 77.50 which is reportedly back by semi-officials , but the pair is also being supported by some EUR/JPY demand as the cross pulls back up through 100.00.
Offers in the cross start from 100.10 with larger up ahead of 100.50.
USD’s currently around 77.88 with the EUR/JPY around 100.07