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The dollar opened in Asia at Y112.20.....>

DOLLAR-YEN: The dollar opened in Asia at Y112.20 toward the lower side of
yesterday's Y112.04 to Y112.48 range, where consolidation was the theme. In the
absence of any significant data for Asia further range-trading seems likely. US
rate yields and regional equities will be the key for direction. In option
space, Y112.30 is a notable expiry for today for $1.15bn that may act to contain
the near term range. On the speaker front, BoJ's Sakurai is set to deliver a
speech at 0130GMT. Key-resistance lies at Y112.55 (50% fib Y113.44-Y111.65),
while hourly support is found at Y112.04.

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