• Higher US yields, broad USD strength buoying USD/JPY, at 157 highs

• Asia so far 157.85-158.00 EBS after 157.46-158.30 range yesterday

• Inside day likely with focus still more on EUR, EUR weaker still o/n

• JGB-US rate differentials below recent highs but still at recent wides

• Technically, USD/JPY holding in core range between daily Ichi kijun, 200-DMA

• Daily Ichimoku kijun flat still at 156.64, 200-DMA up tad at 158.51

• Support today from area of 157.88 hourly kijun, 100/200-HMAs 157.71/77 below

• Hourly Ichimoku cloud mostly flat and between 157.64-70

• Nearby option expiries today 158.00-10 total $1.5 bln, 158.25-80 $1.9 bln

• Below total $4.8 bln between 155.90-156.00 but out of market's range

• Related comments , , ,

• Also

• US markets , , ,
USD/JPY daily:


USD/JPY hourly:


USD/JPY nearby option expiries this week:

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