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Continues its climb back, the rate.......>

DOLLAR-YEN
MNI (London)
DOLLAR-YEN: Continues its climb back, the rate edging on to Y113.35, as rate
extends its recovery off Monday's low of Y112.82, as well as its earlier low of
Y112.93. Traders in Asia suggested the move seen in line with UST yields. Next
resistance expected into Y113.50, with hourly technical resistance noted between
Y113.55/75. Keep in mind Y113.25 holds the strike of an expiring option for
today's NY cut, $1.07bn.  
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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