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Touched react lows of Y108.54 after......>

DOLLAR-YEN
DOLLAR-YEN: Touched react lows of Y108.54 after the release of much
higher-than-expected Jobless Claims of 253k (the highest reading since Sep 30
2017). This reflected seasonal adjustment difficulties and increased filings by
government contractors in a week where NSA claims would be expected to plunge.
Bears continue to target a break of Y108.50 for the next leg lower, bringing the
61.8% retracement level & Jan 16 low at 108.38/37 into view, ahead of a run at
the 108 level.

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