Profit taking hitting USD/JPY ahead of the Fed

29/01/2014 | 11:09 GMT

Selling from London has seen USD/JPY fall through 103 to a new low just now at 102.69. Traders have been noted taking profits on the run up from sub 102. Along side bids on the order board, importer bids are in at 102.45 and 102.20 with larger at 101.80 and 101.50.

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