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Having earlier taken out the reported....>

DOLLAR-YEN
DOLLAR-YEN: Having earlier taken out the reported macro supply through Y112.50,
Usd/Jpy continued firm into Europe with a move to extended session highs of
Y112.61. Next resistance is seen at Y112.64/67 (Dec6 high, 61.8%
Y113.09-111.99), further macro supply is placed behind at Y112.80.
* Main highlights on the US calendar today from Weekly Jobless Claims at
1330GMT. The level of initial jobless claims is expected to rise by 2,000 to
240,000 in the December 2 post-holiday week after a decrease of 2,000 in the
previous week.
* At 1635GMT New York Federal Reserve Vice President Kevin Stiroh will give
keynote remarks at Culture, Behaviours, and Ethics in the Financial Services
Industry in New York.
* Option-expiries today at Y110.00($349mn), Y112.00($771mn), Y112.20($454mn),
Y112.50($318mn), Y114.60($590mn).

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