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JPM on CNB: Still Room For Further Hikes


PMI not as weak as European numbers implied


10Y Yield Consolidates Sharply Lower

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YEN: Broad-based yen demand has seen the dollar pare European morning gains to
Y112.26. Support is seen at Y112.17/07 (Intraday low, 100-dma). Eur/Jpy moves to
fresh session lows of Y135.07, traders expect demand on approach to Y135.00.
Gbp/Yen also trades at fresh lows of Y152.44.  

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