• $JPY fell 0.75% to 150.51 after below-f/c CPI; Tuesday's range 151.85-150.49

• US-JP rate spreads narrow considerably, Fed cut expectation pulled forward

• Dollar correcting vs yen as softer Treasury yields weigh nL1N3CF23V

• MoF intervention fears abate, for now, as yen traders await more data

• $JPY res at 10-DMA by 150.74, Tues high 151.85; Nov 13 high

• Supt 150.49 Tuesday [post-CPI low, 150.35 the 21-DMA, 149.99 30-DMA

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