Usd/jpy - 99.52 ... The greenback found renewed buying interest at 99.00 (decent bids were seen there) due to the rally in U.S. stocks market (Dow Jones index rose by 270 points) as an independent board that sets U.S. accounting standards bowed to congressional pressure on Thursday n discussed ways to give banks more flexibility to determine the value of toxic assets that have forced billions of dollars in writedowns. Bids by various accounts remain at 99.00/10 n more at 98.50/60. On the upside, defensive offers are lined up ahead of 100.00 barrier with sizeable stops building up abv there.
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