Usd/jpy - 97.78 ... The greenback rose to a 3-month high of 97.98 in part due to real-money flows on rumors that Citigroup may sell both its Japanese investment bank n brokerage that could bring in hundreds of billions of yen. Bids by Japanese names are noted at 97.35/40, 97.00/05 n further out at 96.60/70. On the upside, some defensive offers are reported ahead of 98.00 option barrier with more selling interest located at 98.10 n 98.30.
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