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 Forex Analysis
04

Forex - AUD/JPY, USD/JPY Flows - USD/JPY, AUD/JPY down on Japan sales; eye DPJ; Kan


Published at 02:36 (GMT) 04 Jun 2-way interest in USD/JPY, now off near 3-week highs of 92.86 hit after buying by large US money center banks, funds. Topside capped by Japanese exporters, options related offers ahead of 93.00 handle, with Japanese real money, mega-city bank selling USD/JPY, AUD/JPY back down. USD/JPY at 92.67-70, bids at 92.50/92.00, interest to buy on dips, with focus on likely new PM Naoto Kan and also US NFP later, amidst G20. AUD/JPY back down almost 1 Yen at 78 lows from

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