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JPY extends its gains over all others shortly...>

YEN: JPY extends its gains over all others shortly following the Wall Street
opening bell, with US equity markets now sitting at the lowest levels of the
session and the e-mini S&P looking to break below the 2,900 mark. The VIX
remains bid, which has helped boost the JPY's risk haven status so far this
week, with USD/JPY bears turning sights to, initially, yesterday's low of
Y110.28 ahead of touted support at Y09.71, the March low and Y109.52, the 38.2%
Fib retracement of the Y104.87-112.40 rally.
MNI London Bureau | +44 203-865-3809 |
MNI London Bureau | +44 203-865-3809 |

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