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Rate edges higher again, with gains......>

DOLLAR-YEN
DOLLAR-YEN: Rate edges higher again, with gains accelerating as EUR/JPY shows
above yesterday's highs at Y122.21. A break above Y110 opens the May23 high at
Y110.36 and the 100-dma at Y110.49. Slightly lower-than-expected pending home
sales data has stymied progress slightly, with the data missing expectations and
dragging the pair slightly lower. 
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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