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USD/JPY touch firmer; buy, sell, stop orders noted

By   || November 2, 2009 at 10:08 GMT
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USD/JPY is marginally firmer this morning, in subdued trade, presently at 90.20 from an early 90.00.

European stocks are a little above water, while oil is up just over half a buck, with general risk appetite in marginally better shape than at the tail end of last week.  This calming of risk aversion will be giving USD/JPY some underpinning.

Sell orders are noted layered from 90.30 up through 90.60, with buy stops said to be gathering around 90.70.

On downside, buy orders noted at 89.90/00.

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