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Improved risk appetite amid the..........>

DOLLAR-YEN
DOLLAR-YEN: Improved risk appetite amid the backdrop of firmer equities took out
the Y111.00 level & 100-dma (Y111.03) to Y111.18, before fading. Consolidation
above here brings the 61.8% retracement of Y112.14-109.71 at Y111.21 into view,
a break opens the 200-dma & down trendline resistance off the Nov 28 high at
Y111.47/71. Last Y111.10.

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