Usd/jpy - 88.96 ... The greenback rallied on active cross selling in jpy (eur/jpy, aud/jpy n gbp/jpy) due to the strength of global stock markets (Nikkei-225 rose strongly by 254 points to 9791) despite y'day's release of unexpectedly widened U.S. trade deficit. Bids are located at 88.80, 88.40/50 n further out at 88.20 with stops only seen below 88.00. On the upside, offers are tipped at 89.10/15 with stops building up abv 89.20.