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The broader risk-off flows have..........>

DOLLAR-YEN
DOLLAR-YEN: The broader risk-off flows have extended on the back of the soft
breakdown evident in China's December trade data, which has pushed USD/JPY below
Friday's session low, with the rate last dealing at Y108.09, nearly 40 pips
lower on the day.
- Bears continue to look for a break below Y108.00 to open up the Jan 10 low at
Y107.77
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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