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• JPY crosses up on better risk mood, shift in BOJ hike expectations
• Market now divided on whether BOJ will hike this month or in June
• Middle East conflict, effects seen by many as delaying BOJ hikes now
• EUR/JPY to a record high 187.52 yesterday, Asia so far today 187.23-33 EBS
• More upside cannot be ruled out, 188.00 resistance eyed above
• CHF/JPY to 203.88 yesterday, just shy of 204.00 record high March 11
• Asia so far today 203.04-41, break above 204.00 targets 205 initially
• GBP/JPY to 215.78 yesterday, best since 215.89 in July 2008, today 215.19-70
• Clean break above 216 could see moves towards 251.12 peak July 2007
• AUD/JPY up as well to 113.41 yesterday, best since 113.98 on March 11
• Asia so far today 112.95-113.27
• 114.00 break could see moves towards 123.70 peak seen in August 1990
EUR/JPY:
CHF/JPY:
AUD/JPY:
(Haruya Ida is a Reuters market analyst. The views expressed are his own)