20.11.2008 21:11

USD/JPY spikes higher



Also spikes higher with stocks, lifts to Y95.95 area from Y94.85 area as stocks rallied and as euro-yen spiked over Y120.00, that latter pair minting fresh highs for the day around Y120.50. Dollar easing back to Y95.75 area as offers around Y96.00 contain the initial rush, stops a risk atop Y96.20 though supply possible at the overnight high area of Y96.10 we imagine.






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