Market Moving News: USD/JPY - Sep 13

By IBTimes Staff Reporter | September 13 2009 8:35 AM

Usd/jpy - 91.65 .. Dlr's broad-based weakness n cross unwinding in yen have pushed the pair below y'day's low at 91.61 with traders citing the better-than-expected U.S. jobless claims data (claims fell to 550,000 fm a revised figure of 576,000 in the previous week) as one of the reasons behind the rebound in Dow futures. Bids for profit taking purposes are tipped at 91.20/30 n 91.00 with stops likely to emerge below latter lvl. On the upside, fresh selling interest is noted fm 92.30 up to 92.60...

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