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Risk aversion was the main theme.........>

DOLLAR-YEN
DOLLAR-YEN: Risk aversion was the main theme overnight amid raised rhetoric from
President Trump and the North Korean military. Japanese equities came under
intense selling pressure, dollar-yen triggered stops through Y110.00 and Y109.85
to print near 2-mth lows of Y109.74. Euro-yen demand supported the dip, recovery
efforts continued into Europe, last Y110.02. On the downside next support is
seen at Y109.63 (76.4% Y108.13-114.49), demand behind on approach to Y109.50.
Resistance at Y110.36/56 (Asia high, Hourly high Aug8). 

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