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Source: Thomson Reuters
- US PPI & Housing Starts/Permits underwhelm, no help to USD/JPY
- 119.45-50 offers intact, Tenkan & broken down TrendLine support at 118.81-82 attracting bids
- Stops above 119.50 if risk-on flows persist on ECB QE-Greek deal
- USD-JPY 2-yr spreads dip post data, Upper Bolli by 120
- Key NY Expiries: 118.50 (1.4BLN) 119.00 (828M), 119.50 (2.2BLN)
