Thursday, August 27, 2009

EURJPY pulls back slightly into fix

Fri, Aug 28 2009, 01:07 GMT

EURJPY and other Yen crosses have pulled back a touch into the Tokyo fix after solid early morning gains. Traders report some sell orders at 135.00, after already running up this morning from the low 134's on short covering. However the pullback has only been 30 odd pips with good demand seen on dips today. Once again the Asian Equity markets will be in focus. The Nikkei is currently up 0.6%.

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