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USD/JPY orders: Corporate sell orders seen 80.60/70

USD/JPY orders: Corporate sell orders seen 80.60/70

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Sean Lee
02/05/2012 | 23:26 GMT

An interbank source tells me that the sell orders overnight in USD/JPY from corporate Japan were quite heavy indeed. Bids at 80.00 and again at 79.70 are also expected to be heavy so looks like more range trading ahead.

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