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DOLLAR-YEN: USD/JPY has cleared Wednesday's peak, to trade as high as Y112.38,
with the next level of resistance noted at the low from January 08 (Y112.87).
Support is now seen at the 38.2% retracement of the move from Y110.77 to Y112.38
- The overnight move came as U.S. Tsys continued to edge lower, with the latest
leg aided by a notable uptick in Chinese stocks & comments out of the White
House late Wednesday, which noted that China & U.S. have had talks re: trade,
with the U.S. open to further talks if China addresses its longstanding
- U.S. CPI & the global risk environment will likely dictate price action for
the pair today.