0130 GMT [Dow Jones] "Short-covering moves are likely to continue for the dollar/yen, but the dollar may be top-heavy around Y91.72 as the possibility is high that position adjustments are expected to come to an end toward next week," says Barclays Capital chief Japan FX strategist Masafumi Yamamoto; USD/JPY last at 91.54. Adds there are risks USD may be bought back against EUR if euro-zone October PMI fails to beat market forecasts (expected at 51.6 vs 51.1 previous). EUR/USD last at 1.5034. Says market also focused on U.S. September existing home sales (total sales tipped at 5.38 million vs 5.1 million previous) as well as what Fed chairman Bernanke has to say about exit strategy at conference later.(MEF)
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