Usd/jpy - 88.30 ... New Bank of Japan board member Yoshihisa Morimoto warned that the yen's rise would affect corporate sentiment n profits n added he would closely watch the impact of the currency's strength. Despite dlr's brief bounce fm Asian low of 88.08 to 88.50 on short-covering, the greenback retreated n further choppy sideways trading wud be seen until U.S. opening as investors are focusing on the release of U.S. weekly jobless claims, ISM manufacturing n pending home sales data. Mixture of offers n stops is tipped at 88.55/60 but selling interest by Japanese exporters are reported at 88.80-00. On the downside, some bids are located at 88.00/05 with sizeable stops building up below previous daily sup at 87.95.
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