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EURO-YEN: EUR continues firm at the NY crossover following earlier hawkish ECB
rhetoric on QE and the strengthening economy. EURJPY has now bounced 500+ pips
off its May29 low (Y124.62) to Y129.83 and will need to clear the Y130.00 area
for the next leg higher. A break here will likely accelerate the move toward
Y130.29 (2% volatility band).