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Consolidates overnight gains to hold.....>

DOLLAR-YEN
DOLLAR-YEN: Consolidates overnight gains to hold near the peak of its Y111.07-50
range. The pair was largely supported due to a fair bit of M/A activity with
Yahoo/Softbank and Renesas/IDT, Japanese banks were also noted buyers.
Resistance is seen at Y111.53/55 (Sep6 high/Dly cloud top), a break opens
(Y111.83/88 Aug29 high, 61.8% Y113.17-109.78). Above here and bulls will look to
challenge the 112 area for confirmation of the uptrend, ahead of the Jul19 high
at Y113.17.

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