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*Sep27 Dollar-yen open Y112.24, range...>

YEN SUMMARY
YEN SUMMARY: *Sep27 Dollar-yen open Y112.24, range Y112.22 to Y124.54. 
*Dollar-yen opened in Asia toward the upper side of the Y111.50 to Y112.48 range
witnessed yesterday, where expectations the Trump administration will shortly
unveil a stimulative tax reform plan and an upbeat sounding Yellen, placed the
dollar on the offensive
*Some details of Trump's tax framework hit the wires in early trade gave the 
dollar a lift higher from around Y112.25 to Y112.54. Wires reported Trump's tax
framework said to cut corporate rate to 20%.
*The rally ran into Japanese exporter supply, said to be half-yearly hedging
requirements and reportedly scattered to Y112.80
*Tokyo-fix related supply and  news that Roy Moore defeated Trump-backed Luther
Strange in the Alabama Republican Senate primary then pushed the dollar back
down to Y112.27
*For the balance of the session, the dollar consolidated within a tight Y112.33
to Y112.43 range

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