USD/JPY offers at 90.70/80; small stops above

The usual offers (sell orders) from Japanese exporters are seen in the 90.70/80 area, traders report. Small stop-loss buy orders reside just above 90.80.

A strong opening on Wall Street is helping give USD/JPY a short-term lift, but as we’ve seen several times this week, it ain’t where stocks open that matters, but where they close… USD/JPY trades now at 90.54.

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