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Usd/Jpy: European open Y112.23, range...>

YEN SUMMARY
YEN SUMMARY: Usd/Jpy: European open Y112.23, range Y112.03-28, NY open Y112.18,
range Y112.15-112.74 
*The NY open witnessed pressure on US Tsys Yields, the rate dropped towards
Y112.15. 
*Holding firm ahead of Empire mfg data, the marginally stronger release failed
to extend gains and drifts to Y112.23. 
*The dollar received a lift across the board, following firming US Tsys Yields
and the DXY creeping higher. The rate grinded towards the intra-day high of
Y112.40. 
*As US Tsys Yields firmed and gold dropped sharply, the pair rallied to print a
fresh session high of Y112.51. 
*The pair spiked on the back of reports from Fox news that Marco Rubio is on
board with the US tax bill, the rate spiked to fresh session highs of Y112.74. 
*The dollar losses some ground towards the NY close, as US Tsys slip and the Dow
continued to grind higher. The rate drifted towards Y112.55.

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