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Opened in Asia toward the middle of......>

DOLLAR-YEN
DOLLAR-YEN: Opened in Asia toward the middle of the Y111.07 to Y111.38 range
witnessed yesterday, where broad-based dollar weakness has been the theme
post-FOMC minutes. Regional equities  will likely be the focus in Asia,
particularly China bourses after yesterday's sharp decline. Demand has been
cited on an approach to Y111.00 which fits in nicely with the technical picture,
support is seen at Y111.03 which marks the 50% fib retracement on the Y107.32 to
Y114.73 rise, while resistance is expected near to the 100-dma, currently at
Y111.66.

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