Asian currency majors tepid movs eagainst Euro on deferred debt payment by Greece

The gains of Asian major currency baskets such as Yen INR are lingering on Greece's delay of an IMF debt payment and U.S. jobs data on Friday with investors focused mindset.

On Friday as Prime Minister Alexis Tsipras, facing fury among his leftist supporters, demanded changes to tough terms from international creditors for aid to stave off bankruptcy.

The IMF said Athens had informed the global lender that it plans to bundle four payments due in June into a single €1.6 billion lump sum, which is now due on June 30.

It was the first time in five years of crisis that Greece has postponed a repayment on its €240 billion bailouts from euro zone governments and the IMF, and it came as German Chancellor Angela Merkel said talks on a cash-for-reforms deal were still far from reaching an agreement.

Currency trade ides:

Deploy At-The-Money protective puts with strike at 139.9750 on spot holdings.

Use it over unrealized gains on spot EUR/JPY for target of 141.0211 levels.

Short futures EUR/INR Futures below 71.5690 spot levels for target of 71.23 levels.