| Global Interest Rates | |||
Australia |
3% | ||
Canada |
0.25% | ||
EMU |
1% | ||
Japan |
0.1% | ||
Swiss |
0.25% | ||
England |
0.5% | ||
US |
0.25% | ||
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...