• USD/JPY down from an early Tokyo high of 156.40 to 155.01 post-Trump, BOJ

• News of possible Trump-China trade deal got things pair off high

• Seemingly more hawkish than thought BOJ 8-1 vote for hike followed

• USD/JPY low on JGB yield surge, 2s 0.699% to 0.725%, 10s 1.209% to 1.240%

• USD/JPY to area of 154.93 ascending 55-DMA, good support eyed in area

• Spike down to 154.78 Tuesday stopped at 55-DMA then

• $505 mln option expiries at 155.00 supportive? 155.50-60 $632 mln too

• USD/JPY cap now seen in place around 156.50, ahead of 157.00

• Wait now on for BOJ Gov Ueda presser, hints on what will transpire in March

• Related , on BOJ , for more click on [FXBUZ]

USD/JPY hourly:


BOJ hikes rates to 0.5%, highest since 2008:

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