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Risk off tone in Asia sees some strength in.....>

YEN
YEN: Risk off tone in Asia sees some strength in the yen, USD/JPY falls to
session low of 108.87. Stocks are a sea of red with the Nikkei 225 down 1,113
points and the Hang Seng down 1,146 points.
- After slipping earlier bonds have seen another bid in Asia hours, TYH8 now at
121.28+, just shy of Asia session high at 122.02. This has bought yields a touch
lower and is helping keep USD subdued which is also weighing on USD/JPY. DXY
last at 89.585 after hitting highs of 89.699 late on Monday in the US.

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