• USD/JPY remains in stasis around 159.00, Asia so far 159.20-26 EBS

• Summer holiday season end in sight, market remains thin

• Japanese exporters to continue to help cap upside despite importer demand

• USD/JPY below 159.99-161.97 ascending daily Ichimoku cloud, 159.99 100-DMA

• Base of range remains 200-DMA at 158.39

• Also rising hourly cloud 158.82-159.23, 200-HMA 159.12 ahead, 100-HMA 158.94

• Option expiries today 158.00-95 $909 mln, 159.00 $997 mln, 160.00 $783 mln

• Little change in JGB-US Treasury rate differentials, BOJ hike eyed, Fed?

• Differential in 2s tad wider at @256 bps, in 10s narrower at @181 bps

• Foreign investor interest in Nikkei off? Less currency hedges eyed for now

• Related comments , , , also

• US markets , , ,

• On the Fed , BOJ and Nikkei ,

• On Middle East , Panama Canal transit
USD/JPY daily:


USD/JPY hourly:

(Haruya Ida is a Reuters market analyst. The views expressed are his own)