Forex News-USD/JPY - 89.81.. http://www.acetraderfx.com Dlr extended its o/n rise in NY session n climbed to an intra-day high of 90.02 as strg opening in the N225 following o/n jump in U.S. stocks (DJI closed up 150 points) lured investors to move back to risky assets. European names were spotted buying eur/yen (more likely on short-covering) at Tokyo opening. However, dlr has drifted lower after meeting Japanese exporters' offers at 90.00-30 area but bids are now reported at 89.70-50 region shud contain pullback, suggesting buying on dips is still favoured.
