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***Weaker Yen is the main theme in.......>

DOLLAR-YEN
DOLLAR-YEN: ***Weaker Yen is the main theme in early Asia trade, based on the
latest exit polls, Abe's ruling coalition party is in-line to win 312 seats and
exceed a two-thirds majority at 310, giving Abe's LDP party the mandate to push
ahead with 'Abenomics'. Dollar-yen has risen from a New York close on Friday of
Y113.52 to post a high at Y113.90 and currently stands at Y113.89. Local traders
are of the opinion the result was largely factored in and expect the gap from
Friday's closed to be filled. Initial resistance lies at Y113.97 (Jul12 high)
with reports of strong offers at Y114.00 thought to be linked to an option
barrier, while hourly support lies at Y113.26.

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