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Dollar-yen remained in consolidation.....>

DOLLAR-YEN
DOLLAR-YEN: Dollar-yen remained in consolidation mode overnight tied to a narrow
Y108.85-109.25 range. Early Japanese supply was countered by Tokyo-fixing demand
off the low, firmer UST yields with added support via the crosses squeezed to
Y109.25 before fading. Tech resistance is seen at Y109.34/46 (50%/61.8%
Y109.83-108.85). A break of the Asia low opens Y108.84/60 (Weekly cloud base,
Aug21 low). Dollar-yen last Y109.12. 

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