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Rate falls further still having fallen...>

DOLLAR-YEN
DOLLAR-YEN: Rate falls further still having fallen through tentative support at
yesterday's Y111.82 low. Next support should kick in at the Y111.58 100-dma
before any test of the lower 2% Bollinger Band at Y111.51. Below there, support
is relatively sparse until the 200-dma level at Y109.83, although option-linked
support is touted ahead of the figure.
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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