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With Japan back from holiday, USD/JPY....>

DOLLAR-YEN
DOLLAR-YEN: With Japan back from holiday, USD/JPY trades flat at Y110.37 after
adding 65 pips & touching a fresh YTD high of Y110.47 Monday (briefly breached
today). JPY underperformed all of its G10 peers in the Asia-Pac session Monday,
before broader dollar strength crept in, lending further support to the rate. 
- Bulls look for a jump above the YTD high of Y110.48 before attempting a move
at Y110.59, which represents the 55-DMA, while bears focus on the 50-DMA at
Y110.31 before challenging the psychological Y110.00 level. 
- Japanese focus this week turns to domestic GDP due Thursday (for our Data
Preview piece, see MNI Main Wire at 19:03 GMT 02/11), industrial output due
Friday & the usual BoJ Rinban ops.

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