• USD/JPY remains bid after early Asia dip on risk aversion fades

• Decline to 157.45 from Fri 157.64 close sees strong demand on Fed rate bets

• Fed officials make case for rate hikes amid ongoing inflation concerns

• EUR/JPY unchanged after falling to a 1-yr low Fri on Europe fiscal concerns

• Upside for pair limited on France outlook cut, Frankfurt riots and looting

• Midterm US elections Tue, earnings, jobs data loom for AI-wary markets

• Support 157.40-45, 157.00-05, resistance 158.00-10, 158.50-60

• Asia Monday range 157.45-157.82; Japanese markets closed on Tuesday
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(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)