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*Dec29 dollar-yen open Y112.87, range...>

YEN SUMMARY
YEN SUMMARY: *Dec29 dollar-yen open Y112.87, range Y112.69 to Y112.97
*Dollar-yen opened in Asia toward the lower end of the Y112.67 to Y113.35 range
witnessed yesterday, where broad-based dollar weakness was the theme.
*Dollar-yen held a narrow Y112.86 to Y112.97 range into today's Tokyo-fix
*Once the fix was concluded, Japanese exporters reported added supply, the rate
eased from around Y112.90 to Y112.69.
*The pair then consolidated in the Y112.70's for the balance of the session
*Support is being found near to the daily cloud top (Y112.70), a clean break to
expose key support at Y112.30, which marks the 50% fib retracement on
Y110.84-Y113.75 rise, while hourly resistance is seen just ahead of Y113.00.

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