• USD/JPY ending NorAm +0.27% at 156.60; Wednesday range 156.63-156.12

• USD remained bid as UST yields ticked higher after Click here

• Fed data dependent, disinflation taking longer than previously thought

• Goldman Sachs CEO says Fed unlikely to cut rates this year nS0N2ZE02J

• $JPY dominated by US rate advantage, w/Fed on hold USD likely to remain bid

• USD/JPY bulls still hold the advantage nL1N3HP21J

• Res 156.63 Wed high, 156.80 May 14 high, 158 upper 21-d Bolli

• Supt 156.12 Wednesday low, 155.90 rising 10-DMA, 155.25 May 17 low

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