• Major option expiry at 1.4400 in cable, NY cut
• SNB last seen bidding around 1.4220 in EUR/CHF
• USD/JPY: unsubstantiated talk of Kampo bids around 91.00; definitely heavy stops below that level
• EUR/USD: solid selling interest around 1.2425, trailing stops above. Sovereign selling interest 1.2500/25.
• AUD/USD: more heavy stops below .8290