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Dollar-yen: Oct12 close Y112.29,........>

YEN SUMMARY
YEN SUMMARY: Dollar-yen: Oct12 close Y112.29, Oct13 Asia range Y112.02-31,
Europe Y111.86-112.19
*Euro-yen: Oct12 close Y132.83, Oct13 Asia range Y132.73-94, Europe Y132.21-84
*A mildly softer dollar theme across the board pressured in early Asia,
dollar-yen slipped from Y112.31 to Y112.02
*Local corporate demand supported the dip, recovery efforts squeezed to
Y112.20/25 but with lack of follow through drifted
*The dollar encountered fresh selling pressure into Europe, rate moved through
the Asia low to Y112.01
*Persistent cross supply added fresh weight to Y111.92, but later staged a
recovery to the Y112.10/15 area
*Euro-yen opened heavy and quickly took out support from the Asia low (Y132.73),
rate extended the corrective pullback to Y132.21 before dip buyers cushioned
falls
*Main focus today on US CPI & Retail Sales data for direction, scheduled for
release at 1230GMT. Yen pairs last Y112.12/Y132.65.

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