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The USD consolidates early NY gains to...>

DOLLAR-YEN
DOLLAR-YEN: The USD consolidates early NY gains to hold near the peak of its
Y112.23-67 daily range. A break of Y112.80 (Jul13 high), opens a move toward the
Y113.00 level which is reported to contain option-linked resistance. Industrial
production is due up next (1315GMT) and seen rising 0.5% in June after a
surprise decline in May on a special factor -- a fire at a truck supply plant.
Factory payrolls rose by 36,000 in June, while auto production jobs rose by
12,000 and the factory workweek was rose to 40.9 hours, up from 40.8 hours in
May. The ISM production index rose to 62.3 in the current month from 61.5 in the
previous month.

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