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*Aug14 Dollar-yen open Y109.09, range...>

YEN SUMMARY
YEN SUMMARY: *Aug14 Dollar-yen open Y109.09, range Y109.00-Y109.45
*After marking time between Y109.00 and Y109.22, the opening of Tokyo markets
saw the dollar begin to push higher from near Y109.10 to Y109.34, Euro-yen
demand was said to have assisted the rally
*Improved risk appetite and higher US rate yields saw the dollar extend gains
from around the mid-Y109.20's to  Y109.45
*Consolidation then became the theme, dollar-yen held a tight Y109.35 to Y109.43
range heading toward the opening of European markets
*The event calendar is a light affair with no significant releases, the main
events this week sees US retail sales due tomorrow and FOMC minutes on Wednesday

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