• USD/JPY from 142.62 early Asia before bouncing, on way up from 142.28 NY low
• Gotobi and pre-weekend demand initially to 143.10-11, 143.80 EBS later
• Seems some specs look to cover shorts pre-weekend, Japan holidays next week
• Golden Week holidays spotty this year, some choosing to take next week off
• Bounce from top of 141.73-142.82 hourly Ichimoku cloud
• Market still seen heavy towards 144.00, Japanese exporters in wait?
• Slew of option expiries between 141.95-143.75 today, affect on spot mulled
• Market awaiting any fresh news on US tariffs, FX stance, central banks
• Asia risk sentiment good, Nikkei +1.9% @35,719, E-Minis +0.4% @5533.5
• JPY crosses mostly buoyant alongside USD/JPY, market on thin side
• EUR/JPY 162.15-80 EBS, GBP/JPY 189.98-191.00, AUD/JPY 91.26-92.21
• AUD/JPY best since 92.62 on April 4, false break up or headed higher?
• Related comment , also , on Tokyo CPI
USD/JPY hourly:
AUD/JPY hourly:
(Haruya Ida is a Reuters market analyst. The views expressed are his own)