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Usd/Jpy: Dec8 close Y113.45, Dec11......>

YEN SUMMARY
YEN SUMMARY: Usd/Jpy: Dec8 close Y113.45, Dec11 Asia range Y113.43-69, Europe
Y113.32-57
*Eur-Jpy: Dec8 close Y133.50, Dec11 Asia range Y133.39-89, Europe Y133.56-84
*Usd/Jpy opened in Asia at the upper end of Friday's Y113.08-59 range where
after a choppy session post-NFP's, higher yields and firmer US equities placed
the yen on the defensive
*Usd/Jpy lifted from around Y113.45 to Y113.69, Japanese lifers were the
reported buyers, they also showed demand in Eur/Jpy 
*Once that interest was completed, the dollar then eased to the Y113.60 area for
the balance of the session
*Usd/Jpy opened the European session on a heavy tone, slippage through the Asia
low extended to Y113.38 before fading
*Recovery efforts held shallow for the balance of the session, rate drifted to
Y113.32
*Eur/Jpy felt the weight of Usd/Jpy, touched pullback lows of Y133.56 before
recovering to the Y133.70/75 area.

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