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USD/JPY trades at Y113.25 in the late....>

DOLLAR-YEN
DOLLAR-YEN: USD/JPY trades at Y113.25 in the late part of today's quiet Asia-Pac
session, which saw the rate operating within a <20 pip range. 
- The pair stabilised around its present level after it edged higher Friday on
the back of strong U.S. labour mkt report & rise in U.S. Tsy yields, as Wall
St.'s struggles kept gains in check. 
- Asia-Pacific indices & U.S. index futures have extended their losses into
today, but the rate failed to react with a significant drop. 
- Markets saw a muted reaction to BoJ Gov Kuroda's remarks earlier today. 
- Bulls eye the nearby Oct 31 high of Y113.39. A close above would open up the
Oct 8 high at Y113.94. Conversely, bears need to return below the psychological
Y113.00 level before challenging the 21-DMA at Y112.56, which would shift the
outlook to neutral. 
- Points of note this week include Japanese current A/c bal & core machine
orders due Weds. Elsewhere, BoJ's Funo will speak on Weds and the central bank
will release its summary of opinions from its latest MonPol decision on Thurs.

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