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

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.