2 July 2001, 10:39  Dollar/yen mixed after June Tankan result

Tokyo, July 2 (BrigeNews) - The dollar lost ground against the yen initially after the June Tankan, which showed major makers diffusion index in June at -16 vs -5 in March and non-makers DI at - 13 vs -13 in March. The survey also showed the BOJ sees major firms' capital spending down 1.3% in FY2001. Profit-taking selling pressures emerged, as the survey was better than expected. Meanwhile, good bids emerged below the 124.50 area, reversing the downward momentum for dollar/yen.

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