AUTOREFRESH 
European names selling USD/JPY
By Jamie Coleman || December 1, 2009 at 15:18 GMT
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Traders report a round of sales in USD/JPY from European banks. Prices have dipped into the high 89.50s so far and stops remain perched just below 86.50 we’re told.
The BOJ action to ease modestly via 3-month fixed rate reports at 0.1% is seen by many as too little to spur the Japanese economy out of deflation.
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