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No sign of panic, but EUR/JPY drifting lower

By   || July 3, 2009 at 00:28 GMT
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USD/JPY is off a bit this morning in early Tokyo trade, currently down at 95.70 from its opening level at 95.90. The Nikkei, Kospi and All Ords are all lower, but only by around 1%, so no sign of a rout as of yet. EUR/JPY is drifting towards support at 133.50 and as we said earlier, stops are expected below there.

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