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$1.5B Korea Development Bank 3Pt Launched

US TSY FUTURES

5s30s Yield Curve Precipitous Decline

FED

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MENA

EU's Borrell: Time Is Not On Iran's Side

DOLLAR-YEN
MNI (London)
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. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com