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It has been an extremely low-key.........>

DOLLAR-YEN: It has been an extremely low-key affair so far today, the dollar
holding a tight Y112.14 to Y112.25 range and currently sits at Y112.18. UST
yields are a tad lower and Nikkei a tad higher. Option players seem to be ruling
the roost lately and the same looks likely at least for this session, with $2.5
billion worth of expiries between Y112.00-Y112.50 rolling off later today,
further range-trading seems probable. Key-resistance lies at Y112.55 (50% fib
Y113.44-Y111.65), while hourly support is found at Y112.04.

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