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DOLLAR-YEN: Improved risk appetite underpinned overnight with the firm tone
spilling over into Europe. USDJPY clears the 100-dma & down trendline resistance
off the Nov 28 high, with gains extending to Y111.56. (See MNI analysis email
USDJPY - Building Momentum - Apr 1 1231BST). A close above here today brings
previously broken channel base support-turned-resistance into view at 112.12,
ahead of the 76.4% retracement of the Oct - Jan fall at 112.27.