Market Moving News: USD/JPY - Nov 16

16 November 2009 @ 01:05 am EDT

Usd/jpy - 90.23 ... The pair rallied to 90.62 in tandem with dlr's broad-based rebound in NY as the fall in global equity markets increased risk aversion (Dow ended the day down 93 points) n some focus was on the comments fm Chinese Premier Wen Jiabao, who said the world economy faces a gradual n uneven recovery. Bids at 90.00/10 are in focus with stops below there. Offers are lined up at 90.50/60 with stops noted at 90.70 (more selling interest is tipped at 91.00)...

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