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Having closed in NY below the 100 &......>

DOLLAR-YEN
DOLLAR-YEN: Having closed in NY below the 100 & 200-dma's, the bearish tone
continued overnight led by sharp Eur/Jpy sales. Usd/Jpy touched pullback lows of
Y111.07, before support ahead of Y111.00 (Y111.05/03 - Aug4 high, 50%
Y107.32-114.73) cushioned falls. Recovery efforts squeezed to the Y111.35/40
area but soon faded into Europe. Last Y111.23. 
* Very quiet on the calendar today with the US out for Thanksgiving Day
* Option-expiries at Y109.55-65($716mn), Y110.70($582mn),Y111.00($620mn),
Y111.65($324mn), Y111.85-90($1.04bn), Y113.00($387mn), Y113.50($332mn),
Y114.00($491mn).

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