USD/JPY - 89.27.. Despite y'day's cross-inspired selloff fm 90.33 to 88.80 in NY, dlr finally found a strg foothold abv there n staged a modest rebound in NY afternoon trading. As usual, the pair briefly rose to 89.50/51 due to toushin, Japanese importers' demand for dlr/yen plus short-covering at Tokyo opening but renewed selling interest by Japanese exporters checked intra-day gain. See more month-end position adjustments to continue with offers at 89.50-70 area n bids by Japanese importers n profit-taking are lined up fm 89.20-88.80 region, suggesting dlr wud not re-test 88.80 in Asia.