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The dollar opened in Asia at Y108.45.....>

DOLLAR-YEN
DOLLAR-YEN: The dollar opened in Asia at Y108.45 toward the lower side of the
Y108.05 to Y109.27 range seen by European and US markets yesterday, where
broad-based dollar weakness was the main theme. In just under an hour, Fed's
Dudley is due to speak on US economy and policy to the Money Marketeers of NY
University, a Q&A session is also expected. Demand is once again reported on an
approach to Y108.00, with traders linking the demand to a Y108.00 option
barrier, technical support is seen at Y107.86 (Y107.86 1.618 swing of
Y108.45-Y109.40), while hourly resistance is located at Y108.70. Dollar-yen is
currently changing hands at Y108.33. 

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