20.10.2008 20:08

USD/JPY:

Skid lower in euro-yen earlier dragged the dollar pair back to Y101.55 area and thus to within striking distance of morning lows marked a pip or two below Y101.40 where bids were absorbed. With order books still described as scrappy and thin, risk may be that light stops positioned under Y101.25 area become a focus ahead of bids at Y101.00.






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