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Dollar-yen: Oct17 close Y112.20,........>

YEN SUMMARY
YEN SUMMARY: Dollar-yen: Oct17 close Y112.20, Oct18 Asia range Y112.14-27,
Europe Y112.23-69
*Euro-yen: Oct17 close Y132.01, Oct18 Asia range Y131.97-132.17, Europe
Y132.04-39
*With Singapore out today dollar-yen lacked direction in Asia, traders reported
of extremely light volumes tied to a narrow Y112.14-27 range
*Dollar-yen received an early boost into Europe, BOJ Sakurai remarks that said
needs to maintain current monetary policy, moved through the Asia high to
Y112.33
*The underlying dollar tone remained firm throughout the European morning
session with added support from UST yields
*The rate took out reported offers through Y112.50, gains extended to Y112.68
*Euro-yen initially pressured by eur/usd, recovered off pullback lows of Y132.08
to Y132.39 (Oct16 high), before fading
*Light on the data front today with US Housing Starts the stand out at 1230GMT.
Yen pairs last Y112.66/Y132.23.

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