EUR/USD $1.2780, $1.2800, $1.2850, $1.2920, $1.2925

USD/JPY Y100.25, Y100.75, Y101.00, Y101.75, Y102.00, Y102.25, Y102.50, Y103.10, Y103.90

AUD/USD $0.9895

Sold E7.792bln vs target E6.6bln-E7.8bln

- E3.999bln 3-month BTF, avg yield 0.010% (0.003%), cover 2.33 (2.61)

- E1.796bln 6-month BTF, avg yield 0.03% (0.012%), cover 2.74 (2.74)

- E1.997bln 12-month BTF, avg yield 0.06% (0.031%), cover 2.44 (2.58)

Germany sold E2.125bln 12-month Bubill at average yield 0.0011% (0.0018%), bid-to-cover ratio 2.3 times (1.8).

EUR/USD

Offers $1.3000, $1.2993/97/98, $1.2950

Bids $1.2905/00, $1.2880, $1.2850, $1.2820/00, $1.2790

GBP/USD

Offers $1.5250, $1.5220/25, $1.5200, $1.5160

Bids $1.5100/80, $1.5060/50, $1.5040, $1.5000

AUD/USD

Offers $0.9800, $0.9780, $0.9750, $0.9735/40, $0.9700/10, $0.9680

Bids $0.9610/00, $0.9550, $0.9500

EUR/JPY

Offers Y132.00, Y131.45/50, Y131.20, Y130.95/00

Bids Y130.45/40, Y130.20, Y130.00, Y129.59

USD/JPY

Offers Y102.40, Y101.95/00, Y101.50, Y101.25/30

Bids Y100.50, Y100.20, Y100.00, Y99.95/90

EUR/GBP

Offers stg0.8620, stg0.8600, stg0.8580, stg0.8551/53

Bids stg0.8510/00, stg0.8445/40, stg0.8430/20, stg0.8400

---

The yen strengthened against all its major peers amid concern the Bank of Japan is struggling to control the nation's bond yields through monetary stimulus.

BOJ Governor Haruhiko Kuroda said yesterday the nation could cope with rising interest rates, after yields on Japanese government bonds rose for a third week. Bill Gross, who oversees the world's biggest bond fund at Pacific Investment Management Co., said investors should watch Japan's currency and bonds. Yields on Japan's 10-year government bonds were at 0.825 percent today after reaching 1 percent on May 23, the highest since April last year. The rate completed a three-week gain of 28 1/2 basis points on May 24, the most since April 2008.

The Australian and New Zealand dollars fell after China's president signaled a tolerance for slower growth. Chinese President Xi Jinping last week signaled a tolerance for slower expansion to avoid environmental degradation as policy makers outlined plans for the private sector to take a bigger role in boosting growth.

Markets in the U.S. and U.K. and closed for holidays today.

EUR / USD: during the Asian session the pair fell to $ 1.2915

GBP / USD: during the Asian session the pair traded in a range of $ 1.5115-35

USD / JPY: during the Asian session the pair fell to Y100.80