Usd/jpy - 97.80 ... Japan's industrial output declined by 10% in January, its biggest drop on record, while it's core annual consumer inflation slowed down to zero. Investors took profit after the release of the weak economic data together with news that Prime Minister Aso was seeking an additional, large stimulus package before the end of this fiscal year. The greenback retreated strongly from 98.61 to 97.43, however, talks of buying by Japanese trust banks n European names lifted price to 97.80/52. Offers by various accounts are now lined up fm 97.90 to 98.10 (every 5 pips) n further out at 98.40/50.
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