• NY opened near 156.75 after 156.02 traded on EBS in Europe's morning

• Rally extended as US yields rallied off their session lows

• Stocks eroded gains, USD/CNH rallied to reinforce U$ buying

• USD/JPY turned positive on the session, hit 157.55, was up +0.34% late

• Diverging daily RSI, daily bull hammer are concerns for USD/JPY bears
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)