USD/JPY extended Mondays 141.52-142.59 gains to 143.43 Tuesday
Boost from Japanese importers and RM JPY/cross demand in thin markets?
Setback to 142.85 since and USD/JPY now settles just above 143.00
Heavy U.S. yields see traders reluctant to chase USD/JPY higher
There's a clear preference to buy dips to Fri/Mon lows by 141.50
Huge $4-billion 142.75-143.00 FX option strike expire 10-am New York Wed
Related hedging flows may help contain USD/JPY near the strikes pre expiry
For more click on FXBUZ