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Opened in Asia toward the upper side.....>

DOLLAR-YEN
DOLLAR-YEN: Opened in Asia toward the upper side of the Y111.89 to Y112.72 range
witnessed yesterday, where firmer UST yields and higher European and US equities
placed the yen on the defensive. Japan's All Industry Activity Index for
September provides a modest event risk during the session, consensus is -0.4%
m/m from +0.1% last. Regional equities and US rate yields will again be sourced
for direction, Nikkei futures were last up 1.0%. Resistance now lies at Y112.98
(38.2% fib Y114.73-Y111.89, while former hourly resistance at Y112.25 should now
act as support. Dollar-yen was last at Y112.63.

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