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Market Moving News: USD/JPY - May 18

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18 May 2008 @ 11:11 am EST
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Usd/jpy - 104.53...Dlr falls again as another round of cross unwinding (profit taking on carry trades) pressures the pair but bids are noted at 104.30 with a mixture of bids n stops likely to emerge around the 104.00 lvl. Fresh offers have been moved down to 105.20/30...

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