Intra-Day Market Moving News and Views 
08 Jun 2016 
01:28

USD/JPY - ....... Although the greenback found renewed buying at 107.50 in Europe yesterday n rose marginally above Asian high at 107.89 to 107.90, price pared its gains and tumbled to 107.15 in New York morning on yen's broad-based strength. 
Dlr met renewed selling at 107.45 in New York afternoon and fell sharply at Tokyo open, hitting a low at 106.85 in Tokyo morning on yen strength as Japan's GDP data was revised upwards. 

As there is no major eco. data due from U.S. today, range trading is likely to be seen with offers noted seen at 107.20/30 and more above at 107.40/50 with stops building up above there whilst initial bids are noted at 106.20/30. 

 

 


 

 

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