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Dollar-yen: Sep15 close Y110.83,........>

YEN SUMMARY
YEN SUMMARY: Dollar-yen: Sep15 close Y110.83, Sep18 Asia range Y110.83-111.25,
Europe Y111.15-43
*Euro-yen: Sep15 close Y132.38, Sep18 Asia range Y132.41-93, Europe
Y132.63-133.12
*Dollar-yen opened firm in Asia, rate lifted from Y110.83 to Y111.17 as local
traders noted the lack of any North Korean news over the weekend behind the move
*Dips were shallow and limited to Y111.00, but as regional equities opened in
positive territory dollar-yen squeezed to Y111.25 before fading
*Rate touched Y111.25 into Europe, resistance from the Asia high countered
*Minor pullback encountered fresh dip buyers ahead of Y111.15, momentum-type
accounts then lifted to near 2-month highs of Y111.43
*As yen crosses remained well supported, the euro made a show above Y133.00,
gains extended to Y133.12 before fading. Pullback off the high with added weight
via euro-dollar witnessed a sharp reversal to Y132.63
*Profit take buyers supported the dip, rate pared morning losses to hold
Y132.95/00 after the release of euro area August inflation data.

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