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[Ataglance2]

07:28 FX OPTIONS: Opening Comments - JPY Vols Spike on Spot Slide London, March 13. The USD took another hit overnight, but most noticeably against the JPY, as carry reversals and risk aversion dominated trade. This time behind news that Carlyle Capital is nearing collapse. Spot USD/JPY hit levels 2 pips shy of key 100.00. Vols have rallied, with 1 month atmf going through at highs of 17.5 on the European open vs levels in the low 14.0"s late Wednesday (spot in lower 102"s). At the other end of the curve - 1 year atmf has gained over 1.0 vol to trade 12.0-12.1. 1 month 25 delta risk reversal out to high 4.0"s and 1 year r/rev to the lower 5.0"s from 4.75 Wednesday (JPY calls). Vols in EUR/USD also higher, although gains more limited with spot reaching 1.5587 from 1.5572 late Wednesday. 1 month atmf vol opens 10.4/10.7 vs 10.25 on the break above 1.55 yesterday. 1 month atmf Cable vol to new recent highs around 9.4 from 9.3 yesterday, with spot reaching 2.0322 overnight. Vols in EUR/CHF benefit from risk aversion as spot slips back to 1.5717 from highs at 1.5875 yesterday. 1 month atmf opens in the mid