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As UST yields continue to firm,..........>

DOLLAR-YEN
DOLLAR-YEN: As UST yields continue to firm, dollar-yen extends the recovery off
NY traded lows of Y113.07 to Y113.38. Initial resistance is seen at Y113.47/50
(Intraday high, 1.618% swing Y112.72-111.48), corporate supply behind through to
Y113.60 (Y113.58 - Jul14 high). Focus turns to US data from Existing Home Sales
at the top of the hour. Expectations are for it to decelerate further to a 5.30
million annual rate in September after falling in each of the last three months.
Sales were likely set back by the hurricanes, but could rebound early in 2018
due to the back-up of sales that could not be processed in the impacted areas.
Dollar-yen last Y113.35.
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