Usd/jpy - 102.93 ... The greenback fell to 112.86 due to active cross unwinding in jpy on the selloff in U.S. stocks (Dow Jones index is now down 140 points). Offers by model funds n U.S. names are now reported at 103.30, 103.50 n further out at 103.80. On the downside, some defensive bids are reported at 102.60/65 with stops seen below 102.50 barrier but demand fm real money accounts is located fm 102.30 to 102.00.
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