• USD/JPY losing altitude again as post-BoJ rebounds get faded on Fed doubts

• Lower Tsy-JGB yield spreads weigh; Mon's 129.05 low is an on-close pivot pt

• Markets bracing for big U.S. data dump Thur-Fri, with core PCE top of bill

• Downtrend from Oct's 32-yr peak eyes 50% of pandemic's 50% rise at 126.56

• That key retracement is by last May's major low at 126.37

• Those props are in reach if U.S. data favor a Fed rate-hiking pause soon

• Bulls need a close above the kijun and 30-DMA, now at 131.00/78 on EBS

• Would need well-above-f/c U.S. data for that to happen

• Yen modestly lifted by Dai-ichi Life's 5% wage hike nL4N34A5QO

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