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Japanese Yen (JPY), Daily Review, Feb 9 2010

09 Feb, 2010 @ 05:32 am BST | written by UFX Bank


The Yen remained almost unchanged versus the Dollar, Euro and the Pound. Overall, USD/JPY traded with a low of 89.15 and a high of 89.56. USD/JPY is trading downwards in a narrow range but still unable to cross below the significant 88.50 support. Core Machinery Orders are expected with 8.1% versus -11.3% prior.

USD/JPY-Last: 89.30

Resistance

89.55

89.75

90.10

Support

89.00

88.50

87.75

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