Rate breaks through Y113 with............>

DOLLAR-YEN

DOLLAR-YEN: Rate breaks through Y113 with conviction, falling through the

overnight lows to re-approach the 21-dma at Y112.71. Support may be found on an

approach into the Oct30 low at Y112.31 and the 50-dma at Y112.28.

MNI BRIEF: Fed's Brainard: Repo, Clearing Reforms Merit Study