• USD/JPY falling back in Asia following rebound of sorts to 144.40 overnight

• Asia 144.02 to 143.54 EBS, most see downtrend intact

• Spot back below hourly Ichimoku cloud after foray in yesterday on rebound

• Descending cloud currently 143.80-144.35, resistance now with 144.25 100-HMA

• Daily chart shows spot continue to fall with its Ichimoku cloud

• Cloud between 145.68-148.21 today, spot also below flat 144.26 100-HMA

• Massive 143.00-05, 143.20-50, 144.00 option expiries today containing action

• EUR/JPY 162.38-61 EBS, inside day after 161.85-163.36 wide range yesterday

• GBP/JPY 192.83-193.36, tad heavy, follows 191.82-193.57 range yesterday

• AUD/JPY heavy, 92.12-44 after 91.95-92.83 yesterday, well below 95.63 May 13

• EUR/JPY 160.90-161.00 E720 mln, 163.30-35 E541 mln option expiries today

• AUD/JPY sees A$350 mln in option expiries today too at 92.00 strike

• With little in fresh news out of the G7, on trade, JPY to stay better bid?

• PM Ishiba spoke with Trump but no specifics ,

• Japan envoy Akazawa heading to US for trade talks ,

• Japan April core CPI high, BOJ to maintain hawkish bias but no hike soon

• Related comment , also , on Japan CPI

• Comment on BOJ , for more click on [FXBUZ]

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