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Touched an extended high of..............>

DOLLAR-YEN
MNI (London)
DOLLAR-YEN: Touched an extended high of Y110.16(fresh YTD high) as triggered
stops provided the added lift. However, momentum quickly faded with rate easing
off to Y109.87 before it settled around Y109.90. Minor support noted between
Y109.85/80, a break to expose Y109.50/40. If rate can clear back above Y110.00
and build above the earlier mentioned high, next resistance seen at Y110.37/41. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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