19.05.2008 21:34

USD/JPY stabilized at Y104.60

The pare earlier high prints near Y104.70 before retreated to Y104.50. Modest volumes in the pair and the better bid tone of US stocks helping to underpin while euro-yen also retains a slight bid tone. Offers Y104.70/75 said to be quite modest, better interest at Y105.00/10.






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