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USD/JPY: CB bid surfaces below 91.80

By   || May 7, 2010 at 13:32 GMT
|| 3 comments || Add comment

Traders report a central bank has put in a bid around the 91.80, helping slow the latest slide. Traders blame the drop on heavy EUR/JPY sales out of Paris…

EUR/JPY is down to 116.45. EUR/USD to 1.2680.

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3 Responses to “USD/JPY: CB bid surfaces below 91.80”

  1. jack on May 7th, 2010 13:41 GMT

    Jamie, can you confirm or deny if the eur/chf is ¿finally? floating free with no SNB intervention?Or SNB is somewhere on the bid?

    thanks

  2. Bill on May 7th, 2010 13:41 GMT

    It’s a scalper’s paradise, these seesaw swings. :)

  3. Jamie Coleman on May 7th, 2010 13:47 GMT

    I deny knowing… Haven’t heard any SNB talk today.. I’ll scout around…

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