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DOLLAR-YEN: JPY underperformance spills over into Europe. USDJPY makes a show
back above Y110 with topside focus on a break of the Y110.00-20 area which has
previously registered a series of highs and proved hard to overcome. Above here
brings the 50-dma into view at Y110.35, ahead of the Dec 31 high at Y110.48.
USDJPY last Y110.01.