Dollar/Yen currency options rose in Asia on Monday following last Friday's stronger than expected U.S. jobs data and the subsequent rise in the dollar against the yen. Benchmark one-month at-the-money dollar/yen volatilities were 7.40%/7.90% from 7.15%/7.45% late Friday in New York and from 7.30%/7.70% Friday in Tokyo. On Friday, U.S. authorities released figures showing January nonfarm payrolls surging to 243,000, above market expectations for 125,000 and marking the biggest gain since April. "We half-expected volatilities to sag (after the release of the jobs data), but contrary to expectations they remain firm ... (full story)