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Sources suggest the latest move lower in the....>

YEN: Sources suggest the latest move lower in the JPY crosses stem from residual
unwinding of USD/TRY as TRY comes under renewed pressure on the back of the
aforementioned FT piece.
- USD/JPY registered a fresh low at Y110.68, last Y110.73, just below the
55-DMA, bears focus on the Jun 26 low (Y110.59), with their major focus on the
200-DMA (Y109.99).
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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