USD/JPY - 93.70 .. Although dlr edged lower to 93.40 in Asia morning, the pair staged a bounce
after in part due to Bank of Japan Deputy Governor Hirohide Yamaguchi's comments. He said that it was unclear whether corporate funding conditions would keep improving but that the risk of the country entering a deflationary spiral was small. Cross-related buying interest is seen at 93.40/50 with bids (for profit-taking purposes) placed in the region of 93.00-20 as reported earlier. On the upside, offers fm exporters n model funds remain at 94.00 n also around 94.50.