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Today's Asia-Pac session has seen........>

DOLLAR-YEN
DOLLAR-YEN: Today's Asia-Pac session has seen USD/JPY operate above the Y111.00
level, which capped rallies last week. The pair managed to close above the
figure on Monday, touching a fresh YTD high of Y111.24 in the process. Rate last
deals at Y111.05.
- Yesterday, the pair closed 37 pips higher, with JPY underperforming all of its
G10 peers save CAD, as a broader risk-on theme remained in play, fuelled by
Sino-U.S. trade developments.
- Yesterday's YTD high of Y111.24 provides the initial bullish target, while a
break above would open up the 200-DMA at Y111.31. On the downside, bears keep an
eye on the Y111.00 figure. A fall below would give them the green light for
challenging the 100-HMA & 100-WMA at Y110.78.
- BoJ's Kuroda has offered little in the way of substance during his latest
appearance in the Diet.
- Japanese focus this week turns to industrial output due Thursday, as well as
labour mkt data, Tokyo CPI & Nikkei m'fing PMI due Friday. Elsewhere, BoJ Policy
Board members Kataoka & Suzuki speak on Thursday & Friday respectively.

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