News

Usd/jpy - 109.12...Dlr has fallen sharply on active cross buying in yen (by model funds n st specs) n the stops placed below 109.50 have been triggered, with the bids at 109.05/10 also being absorbed. Buying interest (some orders are for profit taking purposes) is noted at 108.50/60 with stops likely to emerge below there (option-related). On the upside, fresh offers are lined up in the region of 109.80-110.00 with stops seen abv there...