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USD recovery efforts holds shallow as....>

DOLLAR-YEN
DOLLAR-YEN: USD recovery efforts holds shallow as the pair trades either side of
Y107.00. There is reported Japanese fund demand at Y106.90, techs behind at
Y106.58/36 (50%/61.8% Y105.66-107.49). Focus turns to Fed Chairman Powell's
speech although markets are not expecting too much and he will almost certainly
remain on the narrative that the economy remains strong. Usd/Jpy last Y107.04.  

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