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*Aug21 dollar-yen open Y109.24, range...>

YEN SUMMARY
YEN SUMMARY: *Aug21 dollar-yen open Y109.24, range Y109.16-Y109.42
*Dollar-yen opened in Asia toward the upper side of Friday's Y108.60 to Y109.60
range, where news that Steve Bannon left the Trump administration underpinned
both US rate yields and the greenback.
*Profit taking in early trade pushed the dollar higher from Y109.18 to Y109.42
on thin volumes. The opening of Tokyo markets sees a push lower to Y109.21
*Tokyo-fix related demand took hold to send the dollar from mid-Y109.20's to
Y109.38
*As Japanese equities drifted further into negative territory the dollar
followed-suit, the rate edged lower from Y109.35 to Y109.18.
*Ahead of the opening of European markets, the dollar consolidated in the low to
mid-Y109.20's
*Friday's CFTC data showed Jpy shorts had been trimmed by 18k to 78k, for the
week ending Aug15

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