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*Oct9 Dollar-yen open Y112.70, range....>

YEN SUMMARY
YEN SUMMARY: *Oct9 Dollar-yen open Y112.70, range Y112.33 to Y112.79
*Dollar-yen opened in Asia toward the lower side of Friday's Y112.61 to Y113.44
range, where the dollar relinquished gains late in the piece on geopolitical
risks amid concerns that N. Korea may be preparing another missile test
*Dollar-yen pushed lower from Y112.79 to Y112.51 in early trade, weaker dollar
was the initial theme, led-by a move higher in Cable.
*Recoveries were held to Y112.68, a break below Y112.50 saw the drop extend to
Y112.33, the move was thought stop related
*With Japan absent for Health-Sports Day consolidation became the theme, the
pair held a Y112.49 to Y112.67 range ahead of the European open
*Support is noted at Y112.32/22 (Oct4 low, Sep29-27 lows), while Asia's top of
Y112.79 provides initial resistance

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