• USD/JPY powers above 150.00 again, Asia 149.58 to 150.18 EBS so far
• Japanese importer Gotobi Tokyo fix demand, short-covering tipped
• Spot through descending hourly Ichimoku cloud between 149.70-95
• Also now clear of 200/100-HMAs at 149.69/82 below, ascending tenkan 149.43
• Firmer US yields a factor too, Treasury 2s @3.995%, 10s @4.262%
• Comments earlier too from BOJ Ueda suggesting hikes likely later than sooner
• JGB yields remain firm nevertheless, 2s @0.837%, 10s @1.444%
• Though Ichimoku cloud pierced to upside, questionable if more upside today
• Massive, $1.3 bln in option expiries today at 151.00 to help cap market
• Related comment , also , on Ueda-speak
USD/JPY hourly:
(Haruya Ida is a Reuters market analyst. The views expressed are his own)