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• USD/JPY bid on USD haven flows, hawkish Fed narrative, Asia 160.14-39 EBS
• Japanese exporter sales early but to high later, sales resume from high
• USD/JPY holding above 160.03 100-DMA but below 161.29-162.64 daily cloud
• Cloud to descend rapidly however, to 160.89 tom, 160.59 Fri, 159.59 Mon
• $5.4 bln in option expiries today on 159 supportive, 160.00-20 $2.3 bln
• Downside looks to be well supported for now
• EUR/JPY tad heavy but essentially sideways near recent highs, 185.43-75 EBS
• At top of now descending 185.30-85 daily Ichimoku cloud
• Back into, towards base of 185.42-51 hourly Ichimoku cloud, 185.33 200-HMA
• Massive E1.1 bln in option expiries today at 183.80/82 out of mkt's range
• GBP/JPY less bid, 216.22-69, still in 215.97-217.02 descending daily cloud
• Has moved below 216.34-53 hourly Ichimoku cloud however, bias down?
• CHF/JPY also heavy, 196.97-197.40, lowest since 195.85 on August 19
• AUD/JPY tad heavy too, 114.22-67, off recent highs, follows NZD lower
• To area of ascending 200-HMA at 114.24
• NZD/JPY rips lower, 94.57 early to 93.39, into 93.21-94.04 daily Ichi cloud
• To area of 100-DMA at 93.49, follows RBNZ hike but central bank less hawkish
• Plenty of G20-speak but nothing definitive, BOJ Takata hawkish again
• Related comments , , also
• G20-speak , , BOJ Takata ,
USD/JPY hourly:
EUR/JPY hourly:
NZD/JPY hourly:
(Haruya Ida is a Reuters market analyst. The views expressed are his own)