• USD/JPY lacking in direction, holding in area of daily Ichimoku cloud

• Cloud sideways and 144.88-145.55 today, base to fall to 144.34 July 1

• Range so far today 144.96-145.24 EBS, capped at 146.56 descending 100-DMA?

• Looks to be tracking base of 145.06-146.26 widening hourly cloud lower

• Significant option expiries today 144.95-145.00 $524 mln, 146.00 $469 mln

• US yields easy despite supply, stablecoin-related demand tipped

• Eyes still on Middle East developments, crude moves, news on US tariffs

• Related comments , , ,

• And , also , on US economy

• US markets , , ,

• Fed Powell-speak , on Powell successor
USD/JPY:

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