JPY fell against most of the other.......>

DOLLAR-YEN: JPY fell against most of the other major currencies on Tuesday, with

positive equity markets in both Europe & the U.S. helping to buoy risk

sentiment, although USD/JPY failed to break Y113.00.

- The rate is last testing the aforementioned figure.

- BOJ Governor Kuroda offered little in the way of fresh insight into the

Japanese economy & monetary policy in a speech made late Tuesday. Kuroda vowed

to maintain low interest rates for a long time to guide inflation to the bank's

2% price stability target, but noted the central bank's commitment to keeping

very accommodative financial conditions is not based on a specific period.

- As the USDJPY rally gathers momentum, bulls continue to eye a move through

Y113.00 with the July 19 high (Y113.17) in sight. Bears need to break back below

Y111.60.