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The dollar opened in Asia at Y110.64.....>

DOLLAR-YEN
DOLLAR-YEN: The dollar opened in Asia at Y110.64 at the lower side of Friday's
Y110.55 to Y111.33 range, where softer than expected US data and safe havens
flows gave the yen the upper hand against the greenback. Japan's Industrial
Production data (2350GMT) for June will provide the early focus for investors,
the consensus is for rise of 1.5% m/m, up from -3.6% in May. Below Friday's
Y110.55 low support is seen at Y110.17 (76.4% Y108.83 to Y114.49 rise), while
hourly trend line resistance is located at Y110.95. Dollar-yen was last at
Y110.66 and the range thus far Y110.56 to Y110.74. 

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