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The pair has stuck to a tight range......>

DOLLAR-YEN
DOLLAR-YEN: The pair has stuck to a tight range thus far, lacking direction
after closing above 110.25 (200-dma), last Y110.38.
- BOJ Governor Kuroda offered little new during Wednesday's EU/NY session and
the remainder of the docket in Asia looks particularly thin.
- Bulls now look for a close above Y110.90 (June 15 high) to confirm traction
above the 200-DMA and shift initial focus higher. Y109.01 support remains key
this week. Bears need a close below this level to confirm a break of the 55-DMA.
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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