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USDJPY holds near the base of its........>

DOLLAR-YEN
DOLLAR-YEN: USDJPY holds near the base of its Y113.30-68 daily range ahead of US
Retail Sales at the bottom of the hour. Retail Sales are forecast to rise 0.6%
in October after a weaker than expected 0.1% gain in September. Not seasonally
adjusted industry motor vehicle sales improved modestly in October, while AAA
reported that gasoline prices rose slightly in mid-October from one month
earlier. Motor vehicle sales should pick up further in the South as part of the
hurricane recovery. Retail sales are expected to be up 0.6% excluding motor
vehicles after a 0.1% decline in September. Initial Jobless Claims, Empire mfg &
Phila Fed also due up. 

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