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The recovery from the German election......>

EURO-YEN
EURO-YEN: The recovery from the German election induced low of Y133.44 has seen
a top so far of Y134.23. Reports of Japan's Abe seeking a Y2 trillion stimulus
package and decent demand in dollar-yen amid higher US rate yields and regional
equities helping to underpin the cross. Further demand is also expected into
today's Tokyo-fix (Gotobi Day). Key-resistance is located at Y134.41/42 (Sep22
high, 61.8% Y149.78-Y109.57). Euro-yen was last at Y134.20.

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