8 April 2002, 11:32 Dollar-yen is holding near session lows
in late Tokyo trade, Monday after sales from a Japanese name pushed the pair to Y131.35 in early trade. Sales of euro-yen from a large US name also put euro-yen
under pressure, triggering stops through an option barrier at Y115.50.
Elsewhere, it was another characteristically quiet Asian range for the
euro with traders saying the pair held a downward bias, under pressure
from the sales of euro-yen. Sterling was knocked lower as sales from a
large German bank triggered stops under $1.4315.
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