• Dollar eases as Treasury yields fall; Fed hike bets ease

• Seems market may not be eyeing October Fed hike given split FOMC board

• USD/JPY has slipped to 157.59 from 158.33, in Asia on Thursday, according to EBS data

• The thick cloud, that currently spans the 156.64-158.44 region, underpins

• Overall bias remains on the upside as USD/JPY usually climbs in October

• USD/JPY and EUR/JPY tend to move in tandem, 30 and 60-day log correlations are high above +0.5

Daily Chart


Correlation Chart

(Martin Miller is a Reuters market analyst. The views expressed are his own)