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JPY has recently moved to session lows...>

DOLLAR-YEN
DOLLAR-YEN: JPY has recently moved to session lows against its major peers with
USD/JPY topping Y111.00 briefly.
- It has been a choppy session for the USD/JPY cross, with little in the way of
fundamental catalysts apparent during trading hours.
- The JPY's latest move lower is being aided by a leg higher in the Nikkei 225,
which sees the index back to near neutral levels.
- The cross has breach Y110.93 (High June 29), with bulls now eying Y111.18
(High May 22).
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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