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USDJPY touched session lows of 109.23....>

DOLLAR-YEN
DOLLAR-YEN: USDJPY touched session lows of 109.23 on the G7 inspired risk
aversion, but the JPY bid/safe haven flows have faded, with the pair last at
109.45, back from highs of 109.54.
- The cross hasn't tested the resistance level at the 21-DMA (109.81) or hourly
support from June 01 (109.01).
- JPY traders will  be focused on the BoJ MonPol decision due Friday.
- Notable nearby USDJPY option expiries for today's 10AM cut include:
109.20-25($1.23bn), 109.45-50($1.11bn), 110.00($2.0bn).
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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