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The risk-off tone continues to filter.........>

FOREX
FOREX: The risk-off tone continues to filter through JPY crosses, adding weight
to the majors. EURJPY slippage through the Ichimoku cloud base extends to
Y128.28 and holds heavy. Next support at Y128.11/08 (Jun8 low/1% volatility
band). EURUSD pressured on the move touches fresh intraday lows of $1.1565 with
focus on the $1.1530 area. GBPUSD pares NY gains to $1.2860, key support remains
at Y128.42/39 (Intraday low, descending support May29). AUDJPY comfortably
trades below the 100-dma (Y82.49) and approaches the Y82.00 level. CADJPY
touches Y85.02, a break of Y85.00 opens a move towards the 100-dma at Y84.57.
NZD continues its bearish trend across the board, touching 73.43 against the JPY
& 0.6619 the USD.  

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