USD/JPY is extending its gains late in the morning session, making a run for 93.00. Overnight comments from the BOJ governor raising the specter of intervention is helping underpin the greenback as is an agreement on the auto-industy bailout. Dealers note heavy offers at 93.00, likely from Japanese exporters. Stops are perched at 93.15.
121.00 is in range in eur/jpy as well.
