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USDJPY TECHS

Holds Onto Recent Corrective Gains

UK

Timeline of key events (Times BST)

EURGBP TECHS

Sharp Reversal Lower

EUROZONE

Timeline of key events (Times CET)

*Sep19 Dollar-yen open Y111.57, range...>

YEN SUMMARY
YEN SUMMARY: *Sep19 Dollar-yen open Y111.57, range Y111.37 to Y111.60
*Dollar-yen opened in Asia toward the upper side of yesterday's Y110.83 to
Y111.66 range, where higher global equities and rising US rate yields placed the
yen on the defensive
*Dollar-yen drifted lower from Y111.57 to Y111.37 in early trade before meeting
some demand
*Japanese retail accounts began to buy from around Y111.45 and together with
Euro-yen demand the dollar rose to Y111.60
*Japanese exporters were reported sellers at Y111.60, which capped the up move,
further supply is seen layered to Y111.70
*For the balance of the session, the pair consolidated in the Y111.50's
*The dollar is finding resistance near to the daily ichimoku cloud top,
currently at Y111.62, further resistance is noted at Y111.75 (61.8% fib
Y114.49-Y107.32), while Asia's low of Y111.37 provides support.