Heavy sell orders yesterday in USD/JPY between 98.60/80 did not get filled and these offers may move lower today. Some dealers are expecting the sellers out of Tokyo to place their orders around 98.10/25. Solid bids are still noted at 97.50 and especially between 97.00-25.
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USD/JPY order book
June 16 2009, 1:17am | Comments »
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Order Books
A quick chat with some of the local dealers shows that there are not too many orders close to the market this morning;
Heavy buying interest in USD/JPY at 97.25/50 EUR/USD buy orders at 1.3800/10 and sell orders 1.4040/65 A lot of weaker trailing stops were taken out below .7875 in the AUD/USD in early European trade. Buying interest now emerging at .7830 and .7750. EUR/GBP bids .8580/00 with heavy stops below .8560.
June 9 2009, 12:38am | Comments »
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