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DOLLAR-YEN: Recovery off the US NFP react low of Y109.44 extended to Y109.65 in
a Tokyo-less Asian session with rate continuing to apply pressure on that high
in Europe. A break to expose Friday's high of Y109.69 with reported decent
resistance noted around the Y109.70 level, suggested to be linked to option
interest at Y109.80. A move above Y109.80 expected to meet further option linked
interest on the approach to Y110.00. Support remains at Y109.45/40.