Just ahead of my arrival this morning to a low of 78.71, so Gerry put the gun away just for now cos it’s back above 78.80 on apparent Middle East buying..
Doesn’t look overly happy though, with cross sales weighing as well via euro and aussie.
Talk now of larger bids below at 78.45 and stops through 78.40. Have a suspicion there’s also a barrier below that at 78.00 .
USD/JPY’s at 78.86
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