Usd/jpy - 89.40 ... The dlr traded sideways after a brief bounce fm 89.27 to 89.67 in Asian morning amid thin market conditions. Comments fm Japan's MoF Hirohisa Fujii had little impact to the market. Fujji said 'stable FX is important both domestically and internationally n countries must not compete in devaluing their currency to help their exports'. At the moment, offers are noted at 89.60-89.80 with stops located abv 90.00, while bids are reported at 89.10/20 n 89.00 with mixture of bids n stops emerging below latter lvl n around y'day's 88.83 low.
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