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Despite strong recoveries in JPY.........>

DOLLAR-YEN
DOLLAR-YEN: Despite strong recoveries in JPY cross, the DXY holds just off its
daily low (89.65) and seen capping Usd/Jpy gains. Rate holds Y106.60/65 with
bids reported on the downside through Y106.10/00 (Y106.10 - Feb19 low).
Option-related supply is seen at Y107.00/05 which holds expiries to the value of
$2.37bn for today's NY cut.

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