• Big rebound from Wed's 23.6% Fibo lows and likely correction bottom

• Tsy ylds rebound from Wed's PMI miss hit, aided by lower jobless claims

• Pending bullish engulfing candle if close is above Wed's 145.845 EBS high

• ABC correction from Aug's 146.565 2023 highs eyes new 2023 highs

• But market waiting for Fed Chair Powell's speech on Friday

• It's unlikely Powell will deviate much from July's post-meeting views

• If so, next Friday's employment report and ISM mfg are key

• If that data beats forecast, USD/JPY could run toward 150

• Tokyo CPI is also out Fri, may pace of post-BoJ YCC tweak JGB yields rise

• But Tsy yields remain the primary driver of Tsy-JGB yield spreads, USD/JPY

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