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The dollar opened in Asia at Y110.19.....>

DOLLAR-YEN
DOLLAR-YEN: The dollar opened in Asia at Y110.19 toward the lower side of
yesterday's Y110.03 to Y110.95 range, where a cautious sounding Fed placed the
greenback on the defensive. Japan's Trade Balance provides the initial risk
hurdle, MNI's  median is for a surplus of Y392 billion, exports +13.6% and
imports +17%. Support lies at Y109.85 (50% Y108.74-Y110.95), while hourly
resistance lies just above Y110.50. Dollar-yen was last at Y110.12

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