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Market still mulling over recent.........>

DOLLAR-YEN
DOLLAR-YEN: Market still mulling over recent uptick in USD/JPY, with move
accelerating on the break back above the Y106.00 mark. No headlines or newsflow
to prompt the move, with markets eyeing a sharp uptick in JPY futures volumes
(over 8,500 contracts traded inside 60 seconds, equivalent to just over $1bln)
filtering through to equity and bond markets. Daily JPY futures volumes now
close to double the recent moving average at only 9am ET.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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