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Back above Y113.00, currently trades.....>

DOLLAR-YEN
MNI (London)
DOLLAR-YEN: Back above Y113.00, currently trades around Y113.03 though holding
off a retest of the early Europe high of Y113.07. Rate had kicked up that high
on reaction to the headline that US Senate was seen having enough votes to pass
the Tax Bill. Asian traders mentioned sell interest at and above Y113.00, adding
that this interest was likely to make upside progress sticky. 
* Tech resistance Y113.09-13(Hourly congestion Dec13), Y113.35/40. Support
Y112.84(Asia low), Y112.70/60 (Hourly support). 
* Options: Expiries of note, Y112.00($601mn), Y112.40-50($423mn),
Y112.60($650mn), Y113.00($612mn), Y113.25-30($890mn), Y113.50($591mn)
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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