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Demand gains pace as rate continues to...>

DOLLAR-YEN
MNI (London)
DOLLAR-YEN: Demand gains pace as rate continues to recover away from its retest
of earlier Asian low of Y108.50, the rate moving through its earlier Asian high
of Y108.81 to Y108.84, with earlier reported offers seen placed at
Y108.90/109.00. Move down to Y108.50 said to have met strong demand, two of the
large Japanese megabanks noted buyers, before rate bounced back. 
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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