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*Dec19 dollar-yen open Y112.55, range...>

YEN SUMMARY
YEN SUMMARY: *Dec19 dollar-yen open Y112.55, range Y112,54 to Y112.67
*Dollar-yen opened in Asia toward the middle of the Y112.31 to Y112.83 range
witnessed yesterday, where firmer equities somewhat negated a slightly softer
dollar leaving the pair broadly unchanged on the day.
*As the narrow range would suggest, it was a dull affair during the Asia-Pacific
session, investors remaining cautious ahead of the US tax vote, leaving the
dollar broadly unchanged from Monday's close in New York.
*Resistance is being found close to the 55-dma, currently at Y112.85, while
yesterday's base at Y112.31 provides support.
*US Housing Starts and Building Approvals provide the event risks for the
session ahead.

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