• Asia saw USD/JPY and JPY cross attempts to trade higher, roundly rejected

• USD/JPY to 146.18 EBS early, tick above 146.17 NY high, off later to 145.46

• Japanese exporters seen behind sales, also short-run spec long profit-takes

• Market at large still seen short yen, more position-adjusts pre-weekend?

• Differing view on whether current move up just a retracement or new trend

• Sentiment better after US-UK trade deal, optimism on US-China talks too

• Asia bourses mixed today but Nikkei +0.55 @37,478, E-Minis holding @5682

• Massive option expiries at/between 145.00, 145.45-55, 146.00, 146.90-147.00

• Options to help contain spot, relatively firm US yields USD supportive

• JPY crosses also back off from NY/early Asia highs

• EUR/JPY 163.90 to 163.35 EBS, GBP/JPY 193.36-192.52, AUD/JPY 93.43-92.94

• AUD/JPY breaking above descending daily Ichimoku cloud between 91.47-93.17

• Related comment , also , on crosses

• On Japan data/BOJ , for more click on [FXBUZ]

USD/JPY hourly:


EUR/JPY hourly:


AUD/JPY hourly:

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