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Slips back below Y111.00, after rate.....>

MNI (London)
DOLLAR-YEN: Slips back below Y111.00, after rate had been able to recover off
its early Asian react low of Y110.77(US confirmation it is lining up 10% tariff
on $200bn of Chinese imports) to a high of Y111.14, aided by a recovery in the
Nikkei. Rate has eased off to Y110.95 but seen meeting some demand interest.
Stronger support seen into Y110.75(Asia low Y110.77). 
MNI London Bureau | +44 203-586-2231 |
MNI London Bureau | +44 203-586-2231 |

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