USD/JPY last trades flattish at..........>

DOLLAR-YEN: USD/JPY last trades flattish at Y109.24. Coming up today is the

Summary of Opinions from the BoJ's Oct MonPol meeting, as well as Japanese core

machine orders, BoP data and Eco Watchers Survey.

- Friday saw the pair move on the back of trade war headlines. Although the Asia

session saw it edge lower eventually, London hours brought recovery. That said,

that pair dropped as U.S. Pres Trump said that Washington hasn't agreed to roll

back tariffs on China, which sent the rate to its intraday lows. A slight

recovery into the close allowed USD/JPY to finish virtually unchanged.

- Bears look for a dip under the 200-DMA at Y109.03, which would open up the Nov

7 low of Y108.65. Conversely, bulls target the Oct 30/Aug 1 highs of Y109.29/32.

A break here would encourage them to take aim at the high of Nov 7 at Y109.49. 

- Later in the week, we will see Japanese PPI (Wednesday), flash GDP (Thursday)

and final industrial output (Friday).