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AUSSIE-YEN: Yen sell-off, which materialised into....>

ASIAN MARKETS, AUSSIE-YEN
AUSSIE-YEN: Yen sell-off, which materialised into the Tokyo fix, dragged AUD/JPY
higher through Y76.00. The rate tested the round figure to the downside
subsequently, but failed at an attempt to convincingly break below. AUD/JPY last
trades at Y76.07, 23 pips better off.
- Benchmark equity indices in Australia and Japan have picked up somewhat,
moving away from early lows. S&P/ASX200 is unchanged at writing, while the
Nikkei 225 trades 0.15% lower.
- Consolidation above the psychological Y76.00 level opens up Y76.29/32, where
the rate peaked on Jul 1/Jun 10. Meanwhile, a pullback below the Y76.00 mark
would shift bearish focus to the YtD mid-point at Y75.68.

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