News Headline Summary

Market talk of a combination of stops and Japanese demand lifting USD/JPY in early trade - Unconfirmed; trades 88.09 (+21 pips) last

Market talk’ – Signifies information that has not been formally tested through traditional journalistic channels and therefore is to be treated as unsubstantiated. Any interpretation of the talk is taken at the readers own risk and is a representation of the rumours within the market place and never generated by ourselves.

Analysis details (07:40)

- In terms of fundamental news a report in Asahi press earlier today suggesting further monetary easing from the BoJ has also been noted for the weakening of the JPY.

10 Jan 2013 - 07:38 - Forex Rumour - Source: Newswires

Subscribe Now to RANsquawk

Click here for a 1 week free trial

RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: