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Continues to grind higher (Y105.98.......>

DOLLAR-YEN
DOLLAR-YEN: Continues to grind higher (Y105.98 last) with the dollar improving
alongside comments from House speaker Paul Ryan: "urges Trump not to advance on
planned aluminium, steel tariffs" and threat of Congress "will not rule out
potential action down the line if Trump continues with tariff plan". Coincides
with fresh highs in US equities. A break above the Y106 level would open up
Y106.15/18 levels, marking the hourly highs from Mar2 and the 38.2% Fib level
Y107.68-105.25. 

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