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Nudges up to retest Friday's high of.....>

DOLLAR-YEN
MNI (London)
DOLLAR-YEN: Nudges up to retest Friday's high of Y108.32 but again seen meeting
some headwind resistance at this level. However, underlying tone remains
buoyant. The 21-dma is close behind at Y108.35, a break to open a move toward
Y108.50. Support now seen into Y108.00, extending to Y107.90. (Japanese markets
closed Monday for a national holiday)
- Coming up this week are the minutes from the BoJ's Sep MonPol meeting, due
Wednesday, as well as Japanese earnings/spending figures, due Friday.
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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