As the DXY continued its decline in......>

DOLLAR-YEN: As the DXY continued its decline in Asia, the USD once again

encountered early pressure despite a rise in UST yields to highest levels since

Dec16. Usd/Jpy initially traded 10 pips either side of Y111.00, before

persistent supply took the rate on to Y110.77 and holds heavy. Next support is

seen at Y110.70/68 (Jan18 low NY, 61.8% Y110.19-111.48). Resistance at

Y111.18/20 (61.8% Y111.48-110.70, Hourly high NY Jan18).

* Concerns over the government shutdown remain in the background, the bill will

now be sent to the senate.

* On the US calendar today Atlanta Federal Reserve Bank President Raphael Bostic

will participate in a public affairs forum at 1345GMT.

* The preliminary University of Michigan Sentiment Index will be published at

1500GMT. The index is expected to partially rebound to a reading of 97.0.

* At 1830GMT, San Francisco Federal Reserve Bank President John Williams speaks

at the "Bay Area Council Economic Institute's 11th Annual Forecast Conference.

* Option expiries: Y110.70($221mn), Y111.00($295mn), Y111.50($262mn),

Y111.70-85($733mn), Y112.12-15($530mn).