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Minor retracement off EU migration.........>

EURO-YEN: Minor retracement off EU migration policy react highs (Y129.15), based
around the Y128.50/55 area. Month/Quarter/H1 end flow expected to remain choppy
today with main focus on euro area inflation data at 0900GMT. MNI median
estimates show the y/y figure at the ECB's target of 2.0%, up a touch from the
previous 1.9%. Near-term support remains at Y128.38 (38.2% Y127.15-129.15).
EURJPY last Y128.70. 

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