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Market Moving News: USD/JPY - Jul 4

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04 July 2008 @ 12:48 am EST
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Usd/jpy - 106.76...Dlr has traded inside a relatively narrow range in Asia but some carry trade demand is seen (esp eur/jpy) after y'day's U.S. employment turned out to be not as bad as some had expected. Bids are reported at 106.50/60 with more buying interest (option-related) likely to emerge around 106.00 (stops are placed below here). On the upside, offers remain at 107.00 with stops seen abv there n also at 107.20/30...

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