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USDCAD TECHS

Trend Needle Still Points North

WHITE HOUSE

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AUDUSD TECHS

Slide Accelerates

LATAM

Snapshot: USDMXN Set To Post Highest 2021 Close

EURJPY TECHS

Still Looking For Weakness

USDJPY TECHS

Shows Below 50-Day EMA

DOLLAR-YEN
MNI (London)
DOLLAR-YEN: Moves through its earlier Asian high of Y109.58 to Y2109.60 as rate
reacts to the recovery rally in Eur/Jpy. Traders in Asia earlier reported
interest from real money accounts to buy this cross, the demand providing a
counter to momentum sales in Eur/Usd. Move up in Eur/Jpy also seen lifting
Eur/Usd now and provides some counter to upside gains in Usd/Jpy/. Asian traders
reported quant sell interest in the Y109.85/95 area. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com