Dollar-yen: Jul27 close Y111.20,........>

YEN SUMMARY: Dollar-yen: Jul27 close Y111.20, Jul28 Asia range Y110.93-111.33,

Europe Y110.88-111.29

*Euro-yen: Jul27 close Y129.81, Jul28 Asia range Y129.56-130.00, Europe

Y129.72-130.34

*Tokyo names were the early sellers in Asia, dollar-yen slipped to Y111.11

*Rallies were shallow and limited to Y111.20, before Tokyo-fix related supply

with added weight from soft UST yields pressured through Y111.00 to Y110.93

*Once that concluded, the dollar consolidated within a tight Y111.03-16 range

*Fresh dollar sales emerged into Europe, slippage through the Asia low extended

to Y110.88 before dip buyers cushioned falls

*Euro-yen opened flat, trade was largely held between Y129.72-89

*German state Saxony CPI came in above expectations, euro-yen squeezed through

Y130.00 before fading. Further strong readings from Bavaria, Brandenburg and NRW

added to the positive risk tone, euro-yen touched extended highs of Y130.34

*Dollar-yen dragged higher on the move with added support from UST yields

printed Y111.29.