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Dollar-yen: Oct18 close Y112.92,........>

YEN SUMMARY
YEN SUMMARY: Dollar-yen: Oct18 close Y112.92, Oct19 Asia range Y112.88-113.09,
Europe Y112.54-113.15
*Euro-yen: Oct18 close Y133.14, Oct19 Asia range Y133.12-43, Europe
Y132.48-133.62
*Demand in euro-yen lifted the dollar from Y112.93 to Y113.09 in early Asia
*Local exporter supply emerged off the high, rate was quick to pare gains and
consolidated either side of Y113.00 for the balance of the session
*Euro-yen remained the driver into Europe, rate initially squeezed to Y133.62
before a combination of soft equities, Catalonia uncertainty and the 30-year
anniversary of Black Monday all pressured
*Sharp slippage through Y133.00 touched extended pullback lows of Y132.48,
before dip buyers cushioned falls
*Dollar-yen tracked the move, the early short squeeze stalled ahead of Y113.15,
followed by a sharp reversal to Y112.54
*Yen pairs later staged minor recoveries to hold Y112.70/Y133.02. US data
scheduled for release today at 1230GMT from weekly Jobless Claims and Phila Fed.

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