Need To Know News

USD/JPY has sold off to N.Y. lows of 110.20, following equities lead, as the major U.S. stock indices move into negative territory from decent gains just 10 minutes ago. Traders see buying interest ahead of 110.00 developing, though decent sell-stops are suspected to be lurking at the 109.90 level.

This entry was posted on Friday, August 15th, 2008 at 10:22 am and is filed under FX. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.