Remained well supported ahead of Y132.00...>

EURO-YEN: Remained well supported ahead of Y132.00 in early Asia, short covering

in tandem with Usd/Jpy squeezed to Y132.48 before fading. Consolidation largely

remained the theme, Eur/Jpy held Y132.30-45 for the balance of the session. On

the topside resistance is seen at Y132.48/53 (Asia high, 38.2% Y133.23-132.10).

Support at Y132.10/08 (Asia, Nov27 lows), bids placed behind through to Y132.00.

Last Y132.41.

* The European calendar kicks at 0745GMT, the French Consumer Sentiment data and

the latest housing starts numbers will be released. At 0800GMT, the latest

Spanish retail sales data will cross the wires.

* The October EMU area M3 money supply data will cross the wires at 0900GMT. At

1200GMT, the November GFK Consumer Climate data will be published.

* At 1600GMT ECB President Mario Draghi will give his introductory statement at

a Hearing before the Committee on Economic and Monetary Affairs (ECON) of the

European Parliament, in Brussels.

* Option expiries today at Y129.00(E600mn), Y131.00(E346mn).