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The pair opened in Asia at Y109.22.......>

DOLLAR-YEN
DOLLAR-YEN: The pair opened in Asia at Y109.22 toward the upper side of the
Y108.45 to Y109.40 range witnessed by European and US markets yesterday, where
news that an agreement to extend the U.S. debt limit and government spending
until December 15 underpinned the greenback. In the absence of any significant
economic data in Asia, regional equities will likely be sourced for direction,
Nikkei futures closed in New York higher by 0.78%. Above yesterday's high of
Y109.40 resistance lies at Y109.58 (50% Y110.67-Y108.45 decline), while hourly
support is found at Y108.70. 

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