Usd/jpy - 103.59 ... Despite initial firmness at Tokyo morning fixing (103.82), dlr met fairly good selling fm Japanese & U.S. names n retreated to 103.50. Intra-day weakness in the Nikkei (down 127 points) is weighing on dlr n a re-test of y'day's 103.40 low can't be ruled out with stops below there, however, more bids are seen near 103.00/10. On the upside, offers are reported at 104.00/10 n more at 104.40 with stops are located abv 104.60.
Join the Discussion