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Geo-political tensions continued amid....>

DOLLAR-YEN
DOLLAR-YEN: Geo-political tensions continued amid risk averse markets overnight,
dollar-yen made a show under Y109.00 to print fresh 8-week lows of Y108.91. Dip
buyers emerged in early Europe, rate reclaimed Y109.00 with the short squeeze
extending to Y109.10. Initial resistance is seen at Y109.22 (Asia high), a break
opens Y109.55 (50% Y110.18-108.91). On the downside next support at Y108.83
(Jun14 low), stops placed behind on a break of Y108.80. Dollar-yen last Y109.08.

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