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Clears mentioned option linked...........>

DOLLAR-YEN
MNI (London)
DOLLAR-YEN: Clears mentioned option linked resistance ahead of Y112.00 as rate
extends its post BOJ announcement highs to Y112.08. Rate holds firm at writing.
Next resistance noted at Y112.18 (61.8% Y113.17-110.59). Traders aware that the
Y112.00 level holds the strikes of decent sized options for Thursday and Friday
NY cuts ($1.61bn, $1.62bn respectively) which may act to keep rate anchored.
However, FOMC looms later today which will influence via UST yields. 
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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