A resurgence of the USD in early NY......>

DOLLAR-YEN: A resurgence of the USD in early NY extended to Y109.41, before

fading. Usd/Jpy largely consolidates either side of Y109.25 as main focus turns

to Trump's appearance in Davos at the top of the hour. US GDP follows at

1330GMT, the advance estimate of fourth quarter GDP is expected to be rise by

3.0% after a 3.2% gain in the previous quarter, marking a third straight quarter

above 3%. Durable Goods are also released at the same time but will take a back

seat. Durable goods orders are expected to rise by 0.9% in December after a 1.3%

gain in November. Last Y109.29.

-At 1600GMT the St. Louis Fed release their Real GDP Nowcast, followed swiftly

by the New York Fed GDP Nowcast print at 1615GMT.

-Option-expiries: USD/JPY: Y110.00($961mn), Y110.50($343mn), Y111.25($494mn),

Y111.50($469mn), Y112.00-10($1.7bn).