USD/JPY last deals at Y112.69, after.....>

DOLLAR-YEN: USD/JPY last deals at Y112.69, after losing 50 pips or so yesterday

as risk appetite soured through early NY trade, hit by reports of Huawei CFO

being arrested in Canada, with the U.S. seeking her extradition over breaching

sanctions on Iran. 

- However, the pair bounced off session lows at Y112.24 around London closing,

as U.S. stocks pared earlier losses. 

- The Nikkei 225 opened somewhat higher today, U.S. equity index futures are

also in the green. 

- Bears keep an eye on the 100-DMA/yesterday's low at Y112.27/24 and a break

below that level would allow them to target the cloud base at Y112.17. On the

topside, bulls look for a break above the 50-DMA at Y113.07, which would shift

their focus to yestes highs of Y113.21. 

- Worth noting that BoJ's Masai will speak in parliament today.