Usd/jpy - 94.55 ... The greenback rallied strongly fm 93.42 to 94.72 after the release of higher-than-expected U.S. home sales date which rose to 5.24 million (forecast was 5.00 million) in July fm 4.89 million in June together with the comments fm Fed's Bernanke. Bernanke said the global economy appears on the mend after a deep downturn but the recovery is likely to be sluggish n risks remain. Bids are located at 94.10, 93.80 n further out at 93.44/50 with stops seen below 93.40 n 93.00.
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