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USD/JPY posted a modest uptick...........>

DOLLAR-YEN
DOLLAR-YEN: USD/JPY posted a modest uptick overnight and last sits at Y109.65,
as the Nikkei 225 struggled to find clear direction & closed virtually unch. 
- Bulls continue to focus on yesterday's YTD high of Y110.00 before challenging
the upper 1.0% 10-DMA envelope at Y110.27. Meanwhile, initial downside focus
falls on yesterday's low of Y109.33, while the next layer of support is provided
by the 21-DMA at Y109.12. 
- Japanese focus turns to the Tokyo CPI due tomorrow, while Friday's BoJ Rinban
ops will also be of interest. Elsewhere, BoJ Gov Kuroda will speak at 0830GMT.

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