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AUSSIE-YEN: It has been a less than auspicious start to the new trading day, the
risk-barometer cross holding a tight Y86.48 to Y86.64 range. Japanese CPI
released earlier has largely gone 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. Up next, the opening of Japanese equity markets,
Nikkei futures currently trading +0.36%. Initial resistance lies at Y86.87
(Aug23 high), while hourly support is seen just below Y86.20.