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The USD has seen a minor retracement.....>

DOLLAR-YEN
DOLLAR-YEN: The USD has seen a minor retracement off earlier traded highs
(Y109.43) to Y109.30 as investors highlight the earlier miss to the downside on
US Personal Income data (0.3% vs median 0.4%). Next up at 1342GMT is the MNI
Chicago report. The previous Chicago PMI for March stood at 57.4 which was a
second continuous drop in the month figure from an index value in January and
February of 81 and 61.9 respectively. Pending Home Sales follow at 1400GMT. 

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