Market Moving News: USD/JPY - Nov 26

By IBTimes Staff Reporter | November 26 2009 2:00 AM

Usd/jpy - 86.89 ... Dlr has rebounded strongly fm Asian session low of 86.29 due to short-covering n Japan's deputy finance minister Noda has said that he supports the view that a strg dlr is in U.S. interests. He also stated stability in forex moves is desirable n that he wud not make any comment on whether currency intervention wud be carried out. Bids are noted fm 86.20 down to 86.00 with stops placed below latter lvl. Offers are likely to emerge fm 87.20 up to 87.50...

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