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Rate touches the lowest levels since.....>

DOLLAR-YEN
DOLLAR-YEN: Rate touches the lowest levels since Jan22 in early NY, with JPY
strength following the downtick in equities from the open - corporate earnings
have been disappointing Monday, with Caterpillar and Nvidia in particular
falling sharply and dragging their respective indices. Support for USD/JPY kicks
in at Y109.19 Tenkan Sen Cloud level ahead of the Jan18 low at Y109.06. The
21-dma then kicks in at the Y109.02 mark.
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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