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Market Moving News: USD/JPY - Jul 22

22 Jul, 2008 @ 12:33 am EST
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Usd/jpy - 106.53...Despite intra-day weakness to 106.32, dlr has recovered after running into bids at 106.20/30 (more buying interest is noted at 106.00 with stops placed below there) but trading volume is relatively thin for now. Offers at 106.70/80 are in focus with selling interest also reported at 107.00 (option-related). The Nikkei is also extending its intra-day gains (now up 327 points) n giving some support to the greenback...

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