The USD opened at Y76.83 and fell from, early highs of Y76.85 to Y76.72 before finding some support but remains on soft footing ahead of semi-official bids at Y76.50 and stops down through Y76.45. Exporter offers continue to cap from Y76.90 through to Y77.15. EUR/JPY eased from Y98.84 to Y98.55 before a bounce to Y98.81. The pair supported by talk of an increase in the IMF bail out funds and hopes of a resolution to the Greek debt deal. Stops are noted through Y99.00 and Y99.40 with traders now eying a move to the Ichimoku kijun line around Y99.78. AUD/JPY fell back from early highs of Y80.19 to Y79.70 on poor aussie jobs data before settling around Y79.80. GBP/JPY drifted down to
Y118.36 from early highs of Y118.63.
EasyForexNews Research Team