Dealers report a US money center bank keeping a lid on USD/JPY in the 100.40s. The buck has fallen into a range in the 100.35/55 neighborhood, underpinned bya continued strong rally on Wall Street.
EUR/USD has rebounded into the 1.3160s after China caught the falling knife in the 1.3130 area. Looks like we may have seen the ranges for the day as trading rooms thin out and golf tournaments and baseball games replace CNBC and Bloomberg on office TV screens. (Rays 1-Sox 0 midddle of the second, ny the way).
