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Dollar-yen holds 5 pips either side of...>

DOLLAR-YEN
DOLLAR-YEN: Dollar-yen holds 5 pips either side of Y110.45 as focus turns to the
release of US ISM Non-Mfg/Factory Orders data at the top of the hour. Particular
attention will be paid to the employment component of the ISM reading which is a
leading indicator for tomorrow's payroll numbers. Option-related demand remains
through Y110.10/00 (Expiry $1.02bn). Resistance at Y110.95/98 (Daily t-line res
off Y114.49 high, Aug2 high). Dollar-yen last Y110.44.  

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