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USD/JPY back from worst levels of........>

DOLLAR-YEN: USD/JPY back from worst levels of Y107.99 to print at Y108.15 last,
30 pips worse off on the day, with a source flagging pre-BoJ positioning as the
catalyst behind the earlier move lower.
- The lack of follow through below Y108.00 will please bulls, with the 100-DMA
at Y107.99 holding firm, for now.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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