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Dollar-yen: European open Y113.20,......>

YEN SUMMARY
YEN SUMMARY: Dollar-yen: European open Y113.20, range Y113.14-113.47, NY open
Y113.28, range Y113.07-113.57 
*The dollar pared back its European gains, as NY entered the fray with the rate
dropping towards Y113.25. 
*As UST yields continue to firm, dollar-yen extended the recovery off NY traded
lows of Y113.07 to Y113.38. 
*Already trading firm ahead of US Existing Home Sales, a strong release has seen
the pair grind out a fresh 3-month high of Y113.52. 
*After printing new intra-day highs of Y113.52, the dollar started to pare back
its gains with the rate dropping towards Y113.35. The move coincided with US
Tsys yields dropping. 
*Broad based dollar demand witnessed the rate grind to fresh session highs of
Y113.57, before meeting supply ahead of Y113.60 and slipping back towards
Y113.35. 
*A fresh wave of dollar demand as Trump says bringing Powell and Taylor to Fed
is an option saw the rate spike towards the intraday high of Y113.57.

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