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USD/JPY last trades flat at Y111.48......>

DOLLAR-YEN
DOLLAR-YEN: USD/JPY last trades flat at Y111.48 after falling 22 pips Friday.
- In the Asia-Pac session on Friday, the rate had initially edged higher before
ebbing off of best levels, as the latest BoJ MonPol decision lacked notable
dovish surprises. JPY then drew support from risk-off flows, as TASS reported
that North Korea is mulling the suspension of denuclearisation talks with the
U.S.
- USD/JPY posted a leg lower around European noon, as weaker than expected U.S.
Empire manufacturing data and industrial output weighed on the greenback.
- The nearby 200-HMA & 200-DMA at Y111.44 provides the initial layer of support.
Below here opens the 100-DMA at Y111.31. On the topside, bulls look to Y111.90,
which capped gains on Friday, followed by the upper Bollinger band (2%) at
Y112.12.
- Japanese trade balance comes out at 2350GMT/0850JST, ahead of the final
industrial output figures, due at 0430GMT/1530JST. Japanese highlights this week
also include national CPI and Nikkei m'fing PMI due Friday. Elsewhere, the BoJ
is set to release its January MonPol meeting minutes on Wednesday.

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