Sharp bounce back from extended..........>

DOLLAR-YEN: Sharp bounce back from extended intraday lows of Y111.68 sees rate

edge back toward the earlier high of Y111.98 (touched Y111.97) but rate again

seen meeting stiff headwind resistance around the Y112.00 level with Asian

traders linking interest to Japanese exporters adjusting positions ahead of next

week's Golden Week holidays. A break and clear of Y112.00 to expose the YTD high

of Y112.17(Apr17). Support Y111.65 through to Y111.50.

- Option expiries of note for Thursday's NY cut Y111.40-50($2.84bln),

Y112.00-05($1.41bln). 

- BOJ rate decision overnight, no set time. Press conference likely around

0630GMT. 

- MNI- BoJ should leave its MonPol settings unch. on Thursday, with its

willingness to focus on economic matters

down the road, relying on the idea that the slowdown in the global econ is

temporary. The Bank will also introduce

its forecasts for FY21/22. see

https://emedia.marketnews.com/BOJ_Preview_April_2019.pdf