Market Moving News: USD/JPY - Nov 20

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Usd/jpy - 91.10 ... The greenback traded in a relatively narrow range in European session n U.S. morning as focus in on other major currencies despite the strg retreat in U.S. stock markets (Dow Jones index dropped by 71 point to 9891 after yesterday's rally on the release of strg GDP data). Bids by Japanese retail investors are noted at 90.85/90 n 90.55/60 with some stops seen below 90.50. On the upside, offers by Japanese exporters are tipped at 91.25/30, 91.50/60 n further out at 91.90/00.

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