• USD/JPY from 144.14 early Asia to 143.45 EBS before some bounce
• Spot below 143.75-147.27 daily Ichimoku cloud for a time
• Cloud affirmed as good resistance, clean break back below matter of time?
• Spot also thru ascending hourly Ichi cloud, below, in 143.88 100-HMA area
• Hourly cloud currently between 144.20-145.33 to provide resistance
• Massive $1.1 bln option expiries at 145.00 today, also 143.00 $3.3 bln
• Softer US yields, bouncing JGB yields tad more JPY supportive
• EUR/JPY on back foot, 163.39-66 EBS in Asia, off from 164.26 yesterday
• GBP/JPY 194.56 to 193.66, off from 196.29 spike high yesterday
• AUD/JPY 92.96 to 92.32 and off after rally to 93.87 yesterday
• Pre-weekend and month-end flows seen favouring JPY in Tokyo, Asia at large
• Japan data dump, BOJ Ueda-speak reinforces BOJ hawkish bias
• That said, uncertainties over tariffs, growth still, BOJ likely on hold
• Related comments , , also ,
• On Japan data/BOJ , for more click on [FXBUZ]
USD/JPY hourly:
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AUD/JPY hourly:
(Haruya Ida is a Reuters market analyst. The views expressed are his own)