Updating time : 19/08/2008 23:47 GMT
USD/JPY - 109.64...Dlr fell to 109.67 in Asia y'day on renewed cross
buying in yen on the back of the selloff in the Nikkei-225 b4 rebounding to
110.33 in European morning as the greenback rose to new multi-month highs vs the
euro n chf, however, price declined again in NY to 109.55 as the DJI posted
another loss on worries over the U.S. financial sector n rising oil prices.
Although dlr's corrective decline fm last week's top at 110.67 remains in
progress n is likely to extend to 109.31/38 (sup n 38.2% r of 107.28-110.67),
then twds 109.03, bullish convergences on 15-min oscillators shud prevent steep
fall below...
