• USD/JPY down hard from 150.95 Asia high to 149.55 early NY yesterday

• Some bounce, grind up since, Asia 149.87-150.00 EBS so far today

• US yields steady to firm, JGB yields firmer still on possible BOJ May move

• US Treasury 2s @4.007%, 10s @4.326%, JGB 2s @0.875%, 10s @1.580%

• USD/JPY trapped for now in 149.72-150.25 hourly Ichimoku cloud

• Hourly tenkan 149.77 below, kijun 150.25 above, 100/200-HMAs below cloud

• Few option expiries in area today - 149.00 $640 mln, 149.50 $328 mln

• Some chunky expiries on 151, massive $1.1 bln at 150.00 tomorrow

• Tokyo fix demand today? Nothing major flagged, exporters?

• Market again eyeing moves in US-Japan yields, news on tariff front

• Related comments , , ,

• Also , on US confidence, other data

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USD/JPY:


USD/JPY nearby option expiries into next week:

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