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JPY

USD/JPY has added 11 pips thus far and operates at Y113.52, as the yen has struggled in early Asia-Pac trade.

  • Bulls look to a move through Oct 20, 2021/Nov 6, 2017 highs of Y114.70/73, which would clear the way to Mar 10, 2017 high of Y115.51. On the flip side, losses past Oct 28 low of Y113.26 would open up Oct 12 low of Y113.00.
  • The BoJ are set to release the summary of opinions from their most recent monetary policy meeting shortly.
  • Local data highlights this week include cash earnings, BoP current account balance & Eco Watchers Survey (Tuesday), flash machine tool orders (Wednesday) & PPI (Thursday).

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