• Trading volume and activity in Asia on Monday will be among the weakest this year due to public holidays in the US and UK, but markets are open.
• With the world's two largest trading hubs, London and New York, closed, yen traders may be ready to intervene. The last two alleged bouts of yen buying in Japan recently occurred during extremely illiquid hours of the world day, one of which occurred on May 1, when markets in many countries were closed. The dollar is back up at 157.00 yen and the latest data from the Commodity Futures Trading Commission shows that after three weeks of...
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