Extends intraday topside to Y113.45 in...>

DOLLAR-YEN: Extends intraday topside to Y113.45 in early Europe, after rate had

been confined within a relatively tight range of Y113.27-39 through Asia. Rate

held buoyant despite the early Asian sell off in the cross, the break of Y134.45

opened a move down to Y133.91 before it bounced back into the Tokyo fix to

Y134.33. Cross extended the recovery to Y134.50 in early Europe. Resistance

noted into Y113.50 with traders noting the sizeable option expiry interest

between Y113.00-114.00(Y113.00($2.04bn), Y113.20-35($2.02bn), Y113.50($2.29bn),

Y114.00($1.87bn), which is expected to keep rate hemmed in. 

* Technical support Y113.20/15, Y112.84. Resistance Y113.75/82, Y114.15/20. 

* US data of note, Durable Goods, PCE, Personal income/spending (1330GMT). UofM,

New Home Sales (1500GMT)