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The recovery off N Korea react lows........>

EURO-YEN
EURO-YEN: The recovery off N Korea react lows (Y132.03) extended into Europe,
rate touched Y132.25 before fading. Resistance remains at Y132.30 (Asia high &
38.2% Y133.24-131.72), a break opens Y132.48/57 (50% Y133.24-131.72, Nov28
high). Traders look ahead to the release of Germany Saxony CPI & Spanish HICP at
the top of the hour for direction. Eur/Jpy last Y132.16.

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