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Dollar holds heavy at the NY crossover...>

DOLLAR-YEN
DOLLAR-YEN: Dollar holds heavy at the NY crossover amid the backdrop of weaker
global equities/UST yields. USDJPY breached the Y112.00 level through Europe
triggering renewed supply from momentum type accounts, before basing at Y111.66.
Recovery efforts have so far remained shallow to keep pressure on the downside.
The Oct 26 low provides the next layer of support at Y111.38, a break here opens
reported demand on approach to Y111.00, ahead of the 200-dma at Y110.89. USDJPY
last Y111.71. 

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