The dollar opened in Asia at Y109.98.....>

DOLLAR-YEN: The dollar opened in Asia at Y109.98 toward the lower side of the

Y109.88 to Y110.67 range witnessed yesterday, where US Treasury Secretary Steve

Mnuchin's, weaker US dollar is "somewhat better" for trade comment, placed the

greenback on the defensive. Locally, Q2 Capital Spending data provides a modest

event risk, the consensus is +7.9%, up from +4.5% in Q1. Support lies at Y109.75

(38.2% fib Y108.27-Y110.67), while former hourly support near Y110.40 should act

as resistance. Dollar-yen is currently changing hands at Y109.98.