Trade headlines dominated the USD/JPY....>

DOLLAR-YEN: Trade headlines dominated the USD/JPY cross on Wednesday, the WSJ

reported that China is considering other ways to retaliate to U.S. tariffs which

briefly took the pair under Y111.00, but as U.S. Tsy yields firmed the pair

broke above the key Y111.45/50 area, accelerating to 6-month highs of Y112.17.

- Elsewhere a Motoshige Itoh, a member of the Japanese government's economic and

fiscal policy council, suggested that the BOJ "raising interest rates is out of

the question," adding that a change in policy direction in the near future would

risk upending markets.

- There is little in the way of Japanese tier one data apparent during the

coming days, so focus is likely to remain on global risk appetite.