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USD/JPY has moved lower after the........>

DOLLAR-YEN
DOLLAR-YEN: USD/JPY has moved lower after the Tokyo open on Monday, in sync with
a lower Nikkei 225, as risk off flows centering on an Axios story which stated
that President Trump has no intention of easing his tariffs on China play out.
- USD/JPY last deals at 112.37, representing the session low thus far. Bears
need a close back below Y112.00 before challenging up trendline support at
Y111.78. Bulls need to recover Thursday's high at Y112.73 to resume a recovery.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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