Usd/jpy - 89.35...Stops at 89.40 were tripped in Asian with traders citing weakness in regional bourses leading to aggressive selling in eur/jpy. Bids fm various accounts (incl. importers n model funds) are reported at 89.00/10 with stops building up below there while on the upside, fresh offers are lined up at 89.80/90 n also further out at 90.00/10 (some orders are fm exporters). The data out of Japan today (incl. unemployment rate, household spending n construction) continue to paint a bleak picture for the Japanese economy.
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