Thursday, 4 April 2013

YEN


The greenback was last at 93.05 yen, having drifted down from a session high of 93.69 on Wednesday. It has lost nearly 4 percent from a 3-1/2 year peak of 96.71 set a few weeks ago. Initial support is seen around 92.55, the 23.6 percent retracement of its Nov-March rally.

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