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Slightly firmer than expected US.........>

DOLLAR-YEN
DOLLAR-YEN: Slightly firmer than expected US retail sales data results in an
uptick for USD/JPY, which clears the Y108 again. Resistance expected ahead of
the day's (and trend's) highs at Y108.26 as well as the 2.0% 10-dma envelope at
Y109.27. A close above the 100-dma today at Y108.12 would the first since early
May.

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