• USD/JPY drifts lower in cautious Asia after closing 0.3% lower on Friday
• Optimism on US-Japan trade talks, plunging oil prices undermine USD
• Robust US jobs data, higher US yields limit downside; Fed rate decision Wed
• US, Japanese officials to start trade consultations, Treasury says
• Japan said skeptical; US negotiators were reluctant to lower levies-Nikkei
• Japan says no plan to threaten Treasuries sale in US trade talks
• US Crude down 4% Monday as OPEC+ set to accelerate output hikes
• POLL-Japan Q1 GDP likely contracted on soft domestic demand, import surge
• ANALYSIS-BOJ sees window for rate hikes narrowing but not closed yet
• Japan markets closed Mon & Tue; limited liquidity may exacerbate volatility
• Support 144.40, 144.00, 143.60-70, resistance 145.10-20, 145.50, 146.00
• Friday range 143.73-145.915, Asia Monday range 144.66-144.945
BOJ continues to keep its rates steady:
(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)