Usd/jpy - 91.01 ... Despite dlr's brief drop to 90.78 in Asian morning, cross-selling in jpy on the back of rising regional bourses (Nikkei-225 is currently up 60 points while DJI futures also trading in positive territory) lifted price fm there n stops abv 91.30/35 are now in focus. Buying interests fm U.S. n Japanese funds are building up fm 90.80 down to 90.60 with mixture of bids n stops located at 90.50 n around 90.20. On the upside, defensive offers are placed at 91.10/20 n more selling interests fm various accounts are reported at 91.40/50 n further out at 91.70/80.
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