• USD/JPY in stasis, continues to trade sideways, Asia so far 158.12-22 EBS

• Still holding below 158.56 200-DMA, at top of 155.64-158.44 daily Ichi cloud

• Pivoting around 158.13-15 wafter thin hourly Ichimoku cloud

• Massive nearby option expiries today to help contain spot action

• 156.70-97 $3.1 bln, on 157 $9.1 bln, 158.00-15 $3.4 bln 158.25-50 $3.7 bln

• At 158.75 $1.2 bln and between 159.00-40 total $3.3 bln, gamma all over

• JGB-US Treasury rate differentials on wide side, in 2s @289, 10s @223 bps

• Good demand for long-dated JGBs this week, especially after good auctions

• Japanese exporter offers still up top, Japanese importer bids below

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(Haruya Ida is a Reuters market analyst. The views expressed are his own)