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Market Moving News: USD/JPY - May 7

07 May, 2008 @ 12:33 am EST
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Usd/jpy - 104.76...Dlr has retreated fm 104.97 on the back of Nikkei's decline in the afternoon session n bids at 104.50/60 are in focus with buying interest also found (some orders are fm importers) at 104.20/30. Stops are reported further out at 104.00. On the upside, stops remain abv 105.00 with offers fm exporters lined up at 105.20/30 n also 105.50/60...

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