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The dollar opened in Asia at Y110.77.....>

DOLLAR-YEN
DOLLAR-YEN: The dollar opened in Asia at Y110.77 toward the lower side of
yesterday's rather narrow Y110.65 to Y110.92 range, where sideways consolidation
was the theme following Friday's dollar surge post-NFP. Locally, Japan's Trade
and Current Account Balance data will provide the initial focus, both are due at
2350GMT. Resistance lies at Y111.05 (Friday's NFP induced top), while support is
found at Y110.59 (38.2% fib Y109.85-Y111.05). Dollar-yen is changing hands at
Y110.77.

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