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Trade so far contained within a tight....>

DOLLAR-YEN
MNI (London)
DOLLAR-YEN: Trade so far contained within a tight Y108.81/90 range. Upside
pressure seen but option linked resistance suggested in place toward Y109.00
(large expiry with this strike for today's NY cut $2.18bln, $1.53bln of which
are USD calls). Further resistance is reported to Y109.10, a break here to
expose Y109.35. Break here to concern shorts. Support Y108.75/65, Y108.50. 
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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