• Israel-Iran ceasefire news, tepid Iran reprisal vs US bases sends USD down

• USD/JPY from 148.01 high to 146.00 yesterday, Asia 145.70-146.16 EBS so far

• On hold currently just above still sideways 145.15-55 daily Ichimoku cloud

• Cloud base up some but looking to move lower again to 144.34 by July 1

• USD/JPY also back below descending 100-DMA today at 146.71

• Hourly charts shows spot looking to fall below its 145.79-146.18 cloud

• Some support from area of 100-HMA at 145.71, 200-HMA 144.96 below

• Options not a factor? Today only significant expiries 145.00 $597 mln

• US Tsy 10s in bounce from overnight lows on dovish Fed-talk but still easy

• JGB 10s also easy and holding near recent lows, 2s in bounce from lows

• Related comments , , ,

• Also , Fed Bowman-speak , on futures

• US markets , , ,

• More on crude , on Israel-Iran

• On US economy , for more click on [FXBUZ]

USD/JPY:


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