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As downside momentum continues in NY,....>

DOLLAR-YEN
DOLLAR-YEN: As downside momentum continues in NY, Usd/Jpy touched Y112.50 before
meeting support from the Asia low (React to BOJ tapering). A clean break here
can look to challenge support from the 100-dma (Y112.21), opening a move towards
the yearly lows at Y112.06. Reminder of the large Y113.00 ($928mn) option expiry
for today's NY cut. Usd/Jpy bounces at typing, last Y112.60.

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