Extended its post FOMC/Fed Powell move...>

DOLLAR-YEN: Extended its post FOMC/Fed Powell move lower through Asia, Europe

and early US ahead of the month-end fix, through Wednesday's initial low of

Y108.81 before it found support at Y108.50. Move lower was seen influenced by

slippage in EUR/JPY, and the release of much higher-than-expected Jobless Claims

of 253k (the highest reading since Sep 30 2017). However, rate reversed tack

into the fix, rallied to a high of Y108.90, with pullbacks held by the Y108.80

area. Resistance noted between Y109.00/15.