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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Smart_Money who wrote (83744)	6/23/2002 10:24:23 PM
From: DebtBomb	Respond to of 99280

Asked about the yen's rise to a seven-month high against the dollar of 120.80 yen overseas on Friday, Mizoguchi told reporters: "The moves were excessive. We are closely watching the markets to see how to respond. The moves were rather rapid." The dollar reclaimed some ground against the yen (JPY=) in early Tokyo trade on Monday on short-covering as wariness of possible intervention overshadowed the market. At 0157 GMT the dollar was trading at 121.46/51 yen. biz.yahoo.com