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The JPY crosses have garnered a modest bid......>

YEN
YEN: The JPY crosses have garnered a modest bid after the BOJ offered to buy an
unlimited amount of 10-Year JGBs at 0.10%. This was touted earlier today and is
the second such operation conducted this week (prior operation conducted at
0.11%).
- USD/JPY last 111.10, resistance at the overnight high (Y111.25), followed by
the July 25 high (111.38).
- EUR/JPY last ~Y129.40, resistance at the overnight high (Y129.53), followed by
broken trend support (Y129.57).
- AUD/JPY last Y82.07, hourly resistance from July 26 (Y82.17) and then
(Y82.49).
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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