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Picked up fresh demand through the.......>

DOLLAR-YEN
MNI (London)
DOLLAR-YEN: Picked up fresh demand through the 1600GMT fix, the demand providing
the momentum to take rate through last week's high of  Y111.13 (Feb14 high) to
record a fresh 2019 high of Y111.24. Underlying tone remains supportive as
pullbacks so far remain very shallow. Next resistance seen at Y111.37/41(27-26
Dec highs; Y111.38 Oct26 low). Earlier US Trump comment suggesting a delay in
China tariffs, and that talks were going well, has provided a risk-on tone
through the day. Support Y110.60/50. 
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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