Usd/jpy - 89.08 ... The greenback weakened against the Japanese yen on speculation that U.S. interest rates will stay low for sometime after comments by St. Louis Fed President Bullard who said Fed might start tightening by selling assets rather than raising rates. Offers by Japanese exporters are tipped at 89.20 n 89.40 with stops seen abv 89.60. On the downside, bids are located at 88.75/80 with stops placed below 88.70, however, mixtures of bids n stops are noted at 88.50.
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