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Risk-off flows spilled over into Europe....>

EURO-YEN
EURO-YEN: Risk-off flows spilled over into Europe with EURJPY breaking triangle
base support on the move to Y121.18, its lowest levels since Jan 3. Further
support is located on approach to Y121.00 with a break here likely to accelerate
the move toward the 3% lower Bollinger band at Y120.90. German state Saxony CPI
due up at the top of the hour. Last Y121.28.

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