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USD/JPY edged higher as the Nikkei 225...>

DOLLAR-YEN
DOLLAR-YEN: USD/JPY edged higher as the Nikkei 225 began Wednesday's session on
the front foot, and sits at Y113.91 at writing, back from earlier Asia-Pac highs
of Y113.95. 
- JPY has underperformed its G10 peers after optimistic headlines re: Brexit hit
the wires early in the Asia-Pac session, feeding risk appetite. U.K. PM May has
reportedly secured the backing of key 5 senior ministers for the withdrawal
agreement draft forged during difficult negotiations with Brussels. 
- Markets saw a muted reaction to the release of Japanese GDP, which fell
roughly in line with expectations. 
- Bulls need to retake yesterday's high at Y114.15, which would give them a
chance to challenge the Nov 12 highs of Y114.21. On the downside, the nearby
focus falls on yesterday's low at Y113.58. A break below would open up the Nov 8
lows of Y113.48. 
- Points of note this week include Japanese industrial production due today &
BoJ Rinban operations Friday.

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