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EURJPY TECHS

Needle Still Points North

USDJPY TECHS

Bullish Argument Down, But Not Out

EURGBP TECHS

Attention Is On Resistance

EQUITIES

Stocks Higher as Stimulus Here to Stay

COMMODITIES

Gold Extends Uptrend, 200-dma Eyed

GBPUSD TECHS

1.4009 Needed For Bullish Signals

YEN SUMMARY
YEN SUMMARY: *Aug25 Dollar-yen open Y109.56, range Y109.50 to Y109.77
*Dollar-yen opened in Asia at the upper side of the Y108.85 to Y109.60 range
witnessed yesterday, where firmer UST yields encouraged modest dollar strength
*Japanese CPI data largely went by unnoticed, CPI excluding fresh food and
energy, the Bank of Japan's favoured inflation measure, came in right on
expectations at 0.1% y/y.
*After trading sideways in a Y109.50 to Y109.61 range, Tokyo-fix related
interest pushed the dollar up from Y109.55 to Y109.77. Sources noted, decent
demand was also seen on Yen crosses, predominantly against Euro and Sterling.
*For the balance of the session consolidation was the theme, the dollar traded
in a Y109.57 to Y109.69 range
*German 2Q GDP (0600GMT) provides the initial event risk (cross flows), the main
event is seen later in the day with a speech from Fed's Yellen at 1400GMT and
ECB's Draghi at 1900GMT from the Jackson Hole Symposium