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Demand from reported model names with....>

DOLLAR-YEN
DOLLAR-YEN: Demand from reported model names with added support from UST yields
saw the dollar continue its upward trend to Y110.61 overnight. Light profit take
sales emerged off the high to consolidate either side of Y110.50 for the balance
of the session. On the topside tech resistance is seen at Y110.65 (38.2%
Y114.49-108.27), a break opens Y110.95 (Aug16 high). The Asia low provides
support at Y110.19, expect demand behind on approach to Y110.00. Month-end flow
expected to dictate today with some bank models suggesting dollar buying.
Dollar-yen last Y110.50.

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