• Safe-haven yen gains fade though as traders tire of tariff talk

• USD/JPY is up from Monday's 151.20 low, Tuesday sees a 151.65-152.10 range

• But a break under last week's 150.93 (EBS) low would likely trigger stops

• The daily chart has had conflicting signals, outlook mixed

• USD/JPY and EUR/JPY tend to move in tandem with each other

• 30 and 60-day USD/JPY and EUR/JPY correlation coefficient is above +0.50

Correlation Chart:

(Martin Miller is a Reuters market analyst. The views expressed are his own)