As traders reported of continued light...>

DOLLAR-YEN: As traders reported of continued light volumes overnight,

consolidation remained the theme held to a narrow Y113.43-58 range. On the

downside support is seen at Y113.24/08 (Dec11, Dec8 lows). Resistance at

Y113.69/77 (Dec11 high, 1.618% swing Y113.09-111.99).

* Main event risk on the US calendar today at 1330GMT from the latest PPI data.

Final demand PPI is expected to rise 0.3% in November after 0.4% increases in

the previous two months.

* The Redbook Retail Sales Index is set for release at 1355GMT, followed by the

Kansas City Fed LMCI at 1600GMT.

* Late US data sees the Treasury Budget published at 1900GMT. The Treasury is

expected to post a $132.0 billion budget gap in November, down slightly from the

$136.7 billion gap in November 2016.

* Option-expiries today at Y112.00($449mn), Y112.25($380mn), Y113.45-50($376mn),

Y114.17($308mn).