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Risk averse markets has seen the JPY............>

YEN
YEN: Risk averse markets has seen the JPY strengthen across the board. USDJPY
dips back under Y111.00 to Y110.89 with bears looking for a close below the
55-dma (Y110.86) to keep the downside trend intact. EURJPY nears intraday lows
of Y125.52 with focus on the Aug13 low at Y125.15. GBPJPY moves back under
Y141.00 with the Aug13 low at Y140.24 the next target. CADJPY drifts back under
the 100-dma to Y84.61 and will be monitored on a closing basis. 

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