• Seems Japan GPIF news discounted, impact trumped by other developments

• USD broadly bid on hawkish Fed talk, US-Iran war re-start, US CPI concerns

• View higher US inflation could possibly lead to Fed rate hike this month

• USD/JPY 162.40-48 EBS so far, quiet, market still nervous over FX action

• Immediate impact of any GPIF asset re-allocation to take time

• Market consensus still for now BOJ rate hike late this month

• Good hourly chart support eyed now at 162.19 ascending 100-HMA

• Nearby option expiries today skimpy, around 162.00 $819 mln, 163.00 $861 mln

• JGB-US short-long rate differentials widening again, USD supportive

• Related comments , , ,

• And , , also

• US markets , , ,

• Fed Waller-speak , on US-Iran
USD/JPY daily:


USD/JPY hourly:

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