Usd/jpy - 98.06 ... Although the greenback extended intra-day rise to 98.53 on active cross-selling in yen, the pair has retreated in New York morning on dlr's weakness vs other European currencies n offers are still noted at 98.55/60 (for protection of stops abv there) with more selling interest (option-related) tipped at 98.90-00. On the downside, bids are lined up fm 97.90 down to 97.70 with stops starting to build below 97.40-50. The release of better-than-expected U.S. Q4 GDP data had ltd impact on the forex markets so far as traders await testimony of Treasury Sec Geithner before House Financial Panel at 14:00GMT...