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USD/JPY trades a touch lower,............>

DOLLAR-YEN
DOLLAR-YEN: USD/JPY trades a touch lower, currently at Y113.55, after it closed
virtually unchanged yesterday. 
- The pair was largely driven by broader USD gyrations. 
- Initial slip occurred under pressure from U.S. stocks underperforming
Wednesday & the Nikkei 225 staying in the red Thursday. However, the rate
bounced in sync with U.S. stocks after the opening of NY trade Thursday, with
risk-positive reports from the FT re: U.S-China trade matters aiding, although
the report was later played down by U.S. Trade Rep Lighthizer. 
- Initial bullish focus falls on Y113.70, where the pair peaked yesterday. A
break above would open up the Nov 14 high at Y114.01. On the downside, bears
need a break below the 21-DMA/yesterday's low at Y113.11/10 before trying to
move below the Y113 handle. 
- Attention falls on the BoJ 5-25+ Year Rinban ops today.

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