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Dollar-yen: Europen open Y113.69,.......>

YEN SUMMARY
YEN SUMMARY: Dollar-yen: Europen open Y113.69, range Y113.62-Y113.97, NY open
Y113.89, range Y113.42-113.94
*Having earlier touched pullback lows of Y113.62, the dollar has
shown resilience in  the European morning with recovery efforts extending to
Y113.97, before slipping in early NY towards Y113.80.
*Softer US Tsys yields saw a fresh wave of dollar pressure, as
usd/yen followed suit with the rate dropping to fresh intraday lows of Y113.61.
*The dollar received a small lift off its session lows of Y113.61, as US Tsys
yields firmed in reaction to the news that Trumps is very,very close on naming
Fed chair with the rate grinding towards Y113.70.
*A sharp drop in US Tsys yields and a spike in XAU witnessed the rate trigger
stops at Y113.50. The pair went onto print fresh session lows of Y113.42. 

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