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Moves through its earlier Asian high.....>

DOLLAR-YEN
MNI (London)
DOLLAR-YEN: Moves through its earlier Asian high of Y109.58 to Y2109.60 as rate
reacts to the recovery rally in Eur/Jpy. Traders in Asia earlier reported
interest from real money accounts to buy this cross, the demand providing a
counter to momentum sales in Eur/Usd. Move up in Eur/Jpy also seen lifting
Eur/Usd now and provides some counter to upside gains in Usd/Jpy/. Asian traders
reported quant sell interest in the Y109.85/95 area. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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