• USD/JPY sees some bounce in Asia after early weakness

• From 147.20 to 144.82 EBS before bouncing to 146.85

• Japanese importer Tokyo fix demand, short-covering behind bounce

• Back in 146.18-147.84 hourly Ichimoku cloud but bias still down

• Some support now eyed at 146.00, site of $2 bln option expiries today

• More support at early low and then 144.55 spike low Friday

• Asia mood still risk-off, seems to be favouring JPY over USD

• Nikkei -0.8% @31,359, other Asia bourses in red too, E-Minis -3.4% @4938

• Japan PM Ishiba-speak conciliatory, data mixed, show inflation impact

• JPY crosses see bounces too from fresh early lows

• EUR/JPY gap down to 158.85 and 158.40 low before bouncing to 160.40 EBS

• Gap still to the New York close Friday of 160.65

• GBP/JPY from 188.78 in Antipodean trading to 186.08 then return to 188.78

• AUD/JPY from 89.21 to 86.04, bounce shallower however and only to 88.35

• With risk mood off on China retaliation, great concern over global trade

• Recent falls in commodity prices reflected in AUD moves

• Related comments , , also

• On AUD/JPY , PM Ishiba , Japan earnings
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(Haruya Ida is a Reuters market analyst. The views expressed are his own)