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The risk-aversion theme continues to.....>

DOLLAR-YEN
DOLLAR-YEN: The risk-aversion theme continues to resonate in Asia, the dollar
easing to a fresh low at Y109.01. Early regional bourses have taken the lead
from Wall Street and opened in negative territory, Kospi opened down 1.54%. For
now, corporate and option demand around Y109.00 is holding the downside in
check, should the buying get absorbed support is then seen at Y108.83 (Jun14
low), while the topside should be capped around Y109.50, where former channel
support should now act as resistance. Dollar-yen was last at Y109.05

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