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USDJPY has stabilised after the early....>

DOLLAR-YEN
DOLLAR-YEN: USDJPY has stabilised after the early risk off flow to last trade 20
pips or so softer at 107.20.
- There was talk of existing leveraged shorts covering their positions under
107.10, with a view of looking to re-sell at 107.40, while larger bids from
Tokyo based funds are said to lie under 106.90.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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