FX Indicative Level - USDJPY triple no touch (expires 11/20/14) (CI (Tazia Smith, 9/2/2014)

From: Tazia Smith Sent: 9/2/2014 9:00:49 AM To: CC: Paul Morris [Im mill i]; Vahe Stepanian Subject: FX Indicative Level - USDJPY triple no touch (expires 11/20/14) (CI Classification: Confidential Rich - Indicative level on the JPY triple-no touch client receives net premium of $41,503 (+$41,503 p/I). Detail below. DB Research's view is that if the cross can break through 105, it will break out to 110 (see commentary below). Note: 2 day BOJ meeting starts tomorrow. Reminder: as yo