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Continues to grind lower, breaks.........>

DOLLAR-YEN
MNI (London)
DOLLAR-YEN: Continues to grind lower, breaks earlier low of Y110.68 to extend
intraday base to Y110.53. Traders aware that the Y110.50 level holds the strike
of a decent sized option expiry for today's NY cut, $2.18bn. Below this level
the base of the daily Ichimoku cloud seen at Y110.46. 
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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