• USD/JPY looks to continue to pivot around 159.00, in uneasy stasis

• Middle East focus refuses to go away, central bank expectations too

• MOF jaw-boning on-going, FX intervention risk on ,

• USD/JPY 158.80-98 EBS, well within recent 157.89-160.03 range since April 7

• This core 158-160 range likely to persist for now, maybe into weekend

• Maybe tad better bid from here, risk of weekend news usually USD supportive

• USD/JPY back into hourly Ichimoku cloud yesterday but has fallen back below

• Cloud currently 158.90-159.23, spot tracking away, kijun/tenkan 158.90/93

• In options, massive 158.40 $1.3 bln expiries today, likely supportive

• Also 159.00 $544 mln, 159.50 $491 mln, 160.00 $624 mln, 160.30 $722 mln

• JGB-US Treasury rate differentials narrower as of New York close

• Related comments , , ,

• And , , also , IMF on BOJ

• US markets , , ,

• On Fed , , ,

• On Beige Book , , US data
USD/JPY daily:


USD/JPY hourly:

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