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DOLLAR-YEN: Closed last week above its 200-wma (Y109.70, easing to current
Y109.69, 100-wma also coming through here) and seen keeping the recent
underlying tone buoyant. Rate found support at Y110.05 Friday with early Asian
dealing respecting this level before rate edged up to Y110.22 into the Tokyo
open. Rate settled between Y110.15/20 through the balance of the session but was
seen under mild pressure in early Europe which has eased it back to Y110.11.
Support remains at Y110.05/00, a break to expose Y109.85/75. Resistance Y110.29,
above to expose Y110.67(May21-2019 high).
- BOJ Preview - January 2020
- We have published our January 2020 BOJ Meeting Preview, which contains a
summary of sell-side analysts' previews and exclusive policy analysis from MNI.
- Please use link below for full PDF document (contact us if you cannot access
- Link: https://emedia.marketnews.com/BOJ_Preview_Jan_2020.pdf