News Headline Summary

Stops tripped at the 87.50 mark in USD/JPY contributing to some of the recent move lower, price has since bounced, and of note there is market talk of bids tipped at around Friday's low of 87.25 - Unconfirmed; trades 87.52 (-26 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 (23:26)

- Market talk also suggests that retail names were early sellers in USD/JPY.
- Volumes overall seen as particularly thin.

07 Jan 2013 - 23:04 - Forex Rumour - Source: RANsquawk/IFR

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