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DOLLAR-YEN: Extended its corrective pullback, away from Tuesday's high of
Y110.22, to Y109.82 in early Asian business Wednesday, as market reacted to a
RTRS source piece pointing to the White House's new plans to target Huawei & a
WSJ report stating that the U.S. and China are set to continue their battle over
technology. This knock to the current risk outlook was given some reprieve as
U.S. Treasury Sec Mnuchin, in an interview with Fox News, said President Trump
may consider removing tariffs under Phase 2 deal. Rate recovered though remained
- Support seen at Y109.75/70 (Y109.70 200-wma, key at Friday's close).
Resistance seen into Y110.00 again(expiry Jan16 for $1.82bln), more at and above
Y110.10 through to Tuesday's high of Y110.22.