• USD/JPY on back foot after surge to 161.81 EBS overnight, Asia 160.99-161.41

• Profit-taking by longs, defence of option KOs at 162.00, exporters tipped

• Japan FX intervention threat too, fresh jaw-boning from FinMin Katayama

• BOJ DepGov Himino hawkish in Diet testimony, April 27-28 minutes hawkish too

• Pre-weekend Tokyo fix Japan importer demand with Gotobi falling on Saturday

• Foreign investor currency hedging of Japan equity buys continuing

• Japanese retail investor foreign currency demand too, NISA and other flows

• Support now seen from around 161.00, 161 the 'new' 160 after 159?

• JPY crosses on back feet with USD gains against other majors even larger

• EUR/JPY 184.58-90 EBS in Asia, at lower end of recent 184.00-186.31 range

• Ensconced in 184.36-95 daily Ichimoku cloud, 185.33-43 hourly cloud cap?

• GBP/JPY 213.28 to 212.57 in Asia after fall to 212.42 yesterday

• Looking to hold below 212.84-213.03 daily Ichimoku cloud now

• CHF/JPY 200.67 to 199.84 in Asia, continuing moves lower from overnight

• Now clear of 200.94-201.03 daily Ichimoku cloud above

• AUD/JPY 112.82-113.28, now ensconced in 111.73-113.21 daily Ichimoku cloud

• Pivoting around 112.90 200-HMA, 112.89-99 hourly Ichi cloud

• NZD/JPY 93.02 to 92.51 in Asia, to base of 92.47-93 daily Ichimoku cloud

• Capped by 92.92-93.07 descending hourly Ichimoku cloud, 100-DMA at 93.11

• Related comment , also ,

• On BOJ Himino/minutes ,

• FinMin Katayama-speak , on Japan CPI
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(Haruya Ida is a Reuters market analyst. The views expressed are his own)