• USD/JPY 159.30-43 EBS, in familiar place, dip-demand, intervention threat

• Buyers including Japanese importers, foreign stock buyers hedging, specs

• Upside limited on continuing Japanese FX intervention risk

• Some talk of stealth intervention but dismissed, not backed-up by data

• Spot holding for now above 156.52-158.87 daily Ichimoku cloud

• Mostly above 159.24-32 hourly Ichimoku cloud, 159.31 ascending 100-HMA

• 200-HMA below cloud at 159.15

• $1.6 bln in option expiries today between 159.00-30 supportive

• JGB-US Treasury short-end yield diffs still wide, long-end diffs narrow

• Little new on Middle East, US-Iran impasse continuing

• Off Friday, crude oil prices up early Asia ,

• Wall Street rally Friday seen supportive of Japanese, other equities

• Related comments , , , also

• US markets , , ,

• On BOJ , Fed , Bessent-speak

• On US-Iran , for more click on [FXBUZ]

USD/JPY:

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