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A sharp fall in US equities (Dow -300)..........>

YEN
YEN: A sharp fall in US equities (Dow -300) triggers fresh risk-off with Usd/Jpy
easing to Y104.76. The Asia low provides initial support at Y104.64, bids placed
behind at Y104.50. Eur/Jpy & Gbp/Jpy slip to Y129.50/Y148.12 to hold in the
middle of their respective ranges. 

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