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Gets pulled higher as early Europe.......>

MNI (London)
DOLLAR-YEN: Gets pulled higher as early Europe extends EUR recovery, the lift in
EUR/JPY to Y127.20 able to take USD/JPY back up to Y108.85 after early Europe
hedging sales had eased it back to Y108.64. Resistance in USD/JPY noted back in
place between Y108.90-109.10. EUR/JPY resistance noted at Wednesday's NY
recovery high of Y127.32. Bank models have suggested USD sales to be seen at
month-end fixings, though signal not as strong vs JPY. 
MNI London Bureau | +44 203-586-2231 |
MNI London Bureau | +44 203-586-2231 |

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