• USD/JPY back to a tad lower range post-BOJ, Asia today 155.30-93 EBS

• Massive option expiries at 155.00 and around 156.00 bracket market

• Spot also contained on thin volume on Australia, lunar new year holidays

• USD/JPY base in place for now near ascending 55-DMA at 154.99

• Cap likely between 156.50-157.00 recent highs, good offers eyed

• Moves in US-Japan yields on central bank expectations remain focus

• US yields currently holding near recent lows, JGB yields at recent highs

• Little action noted in JPY crosses, most on hold below highs seen Friday

• Related comments , , also
USD/JPY hourly:

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