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EURJPY has advanced in early trade, with...>

EURO-YEN
EURO-YEN: EURJPY has advanced in early trade, with the pair last dealing at
128.10, 65n pips or so higher, but back from highs of 1287.37.
- The cross has benefitted from the Italian President blocking the M5S/League
gov't as a euro-sceptic was proposed as the economy minister, which will likely
send Italy back to the polling booths & US President Trump adopting a more
upbeat tone on the US-North Korea summit over the weekend.
- Initial resistance comes at 128.94 followed by the 200-WMA (129.10).
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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