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USD/JPY last deals at Y110.52, a touch...>

DOLLAR-YEN
DOLLAR-YEN: USD/JPY last deals at Y110.52, a touch higher on the day, after
closing virtually unchanged Friday. After the yen led gains in Friday's Asia-Pac
session, the pair touched intraday highs of Y110.65 on the back of a strong U.S.
Empire m'fing print, before ebbing off of the peak, as softer than exp. U.S.
industrial output came out. 
- Bulls need to clear Friday's peak at Y110.65 before challenging the YTD high
of Y111.13. Meanwhile, bears look for a fall below Y110.26, which limited losses
Friday, before targeting the 50-DMA at Y110.12. 
- Japanese core machine orders come out at 2350GMT/0850JST. Elsewhere, Japanese
focus this week turns to trade balance due Wednesday, Nikkei m'fing PMI due
Thursday, national CPI due Friday, as well as the usual BoJ Rinban ops.

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