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USD/JPY last deals at Y107.33, a touch...>

DOLLAR-YEN
DOLLAR-YEN: USD/JPY last deals at Y107.33, a touch higher on the day, with the
BoJ due to publish minutes from its April MonPol meeting at 0050BST/0850JST.
- This comes after the rate finished a touch above Friday's close yesterday,
with both sides of the pair faring particularly badly compared to their other
G10 peers.
- Nonetheless, USD/JPY continues to hover just above its cycle lows. A breach of
the multi-month low of Y107.05, touched last Friday, would expose the lower
Bollinger band (2%), which coincides with the psychological Y107.00 barrier.
Bulls look for a break above yesterday's peak at Y107.54 would bring the 100-HMA
at Y107.65 into view.
- Later in the week, Japanese retail sales data is expected on Thursday, while
industrial output, unemployment and Tokyo CPI hit on Friday. Also on Friday, the
BoJ will publish the summary of opinions from its latest MonPol meeting, while
BoJ's Wakatabe is set to speak on Thursday.

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