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Update

DOLLAR-YEN
DOLLAR-YEN: JPY slipping further across the board here, helping prompt new highs
in USDJPY and helping EUR/JPY inch above the day's lows. Not really translating
into much USD strength, however, with EUR/USD off the lows at 1.1141. Next
upside target in USDJPY lies at 108.87, but resistance at the 108.64 200-dma
will have to give way first.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com