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USD/JPY last deals at Y113.78 as the.....>

DOLLAR-YEN
DOLLAR-YEN: USD/JPY last deals at Y113.78 as the pair has seemingly consolidated
after advancing some 20 pips yesterday on the back of revived risk appetite. 
- USD lost steam in throughout the Asia-Pac session and its crosses operate
within tight ranges. 
- Meanwhile, the Nikkei 225 is 0.7% higher on the day at writing, may be
exerting some modest pressure on the yen. 
- Bulls need a clean break above Tuesday's intraday high at Y113.84 before
shifting focus to the Nov 14 peak at Y114.01, while bears eye yesterday's lows
of Y113.42 and a break below would open up the 21-DMA at Y113.34 
- Japanese points of note this week include Tokyo CPI, industrial production &
labour mkt data all due Friday, as well as BoJ Rinban ops. Elsewhere, BoJ's
Masai is due to speak Thursday.

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