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Despite weaker-than-expected US..........>

DOLLAR-YEN
DOLLAR-YEN: Despite weaker-than-expected US Durable Goods, USDJPY failed to
react and holds in the middle of its Y109.14-74 daily range. Technical traders
focus on the weekly charts where there is potential for a weekly bearish
reversal (See MNI email 0733BST for chart). A break of Y109.00 opens a move
toward Y108.96/79 (May24 low, 38.2% Y104.56-111.40). USDJPY last Y109.44.

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