Published at 04:28 (GMT) 21 May
USD/JPY edging back below the earlier "buying" level of 102.45-47, down from 102.65-70. Offers 102.60-80, ahead of 103.00 - with 103 seen as top for now, after USD/JPY spiked to 4-year 7-month highs of 103.32 on Friday.
Some stops below 102.40 level, after earlier strong buying by US funds, investment houses, real money. More bids at 102.00-10, but stops below 102.00. More bids 101.50-60. EUR/JPY at 132.05-10, offers 132.40-50, bids at 131.50-60 for now. EUR/USD still looking firm at 1.2889-90, on broadly weaker USD today. Nikkei now -0.04%, off the 5-year 5-month highs of 15,388.37. WL