• USD/JPY weakens

Market news

2 May 2011

USD/JPY weakens

USD/JPY weakens to Y81.10 amid dollar weakness elsewhere. Rate holds a bit higher the overnight low just below Y81.00 where bids mentioned. Risk may be for the usual collection of stops in place just below the overnight low but bids possible sub Y80.70 where a layer of interest was reported Friday.


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