| Global Interest Rates | |||
Australia |
3% | ||
Canada |
0.25% | ||
EMU |
1% | ||
Japan |
0.1% | ||
Swiss |
0.25% | ||
England |
0.5% | ||
US |
0.25% | ||
Usd/jpy - 107.85... Despite dlr's weakness in Asia partly due to cross-buying of yen caused by a drop of over 200 points in the Nikkie, buying interest near 107.60/70 lifted the pair (Nikkie has recovered a big chunk of its morning losses, now down 40 pt), suggesting price wud continue to 'gyrate' inside y'day's broad range of 107.36
-108.24. Heavy offers remain at 108.10/20 while bids are reported earlier abv said y'day's low near 107.30/40, more at 107.00 with stops built up below 106.80/90...