Usd/Jpy: European open Y113.32, range...>

YEN SUMMARY: Usd/Jpy: European open Y113.32, range Y113.31-45, NY open Y113.33,

range Y112.46-113.38

*Soft US Core CPI (Headline in-line) triggered fresh dollar sales to

Y113.07, before second wave supply touched extended react lows of Y112.96.

*The dollar pared back some of its earlier losses, as US Tsys

yields firmed and commodities slipped, the rate grinded back towards

Y113.20.

*The dollar comes under a little pressure following GOP Senator Flake

saying he is still undecided on tax bill, has seen the rate drop back towards

Y113.00.

*A sharp jump in the dollar as the AP reports house and senate

leaders reach tax package deal. The rate jumped towards Y113.25 before fading.

*As the FED raises rate, US Tsys Yields dropped sharply and gold

spiked the rate has dropped to fresh session lows of Y112.66 before recovering.

*A further wave of dollar sales, as Yellen takes question witnessed the rate

drop to fresh session lows of Y112.46.