• USD/JPY remains on the back foot, Asia 142.38-85 EBS so far today

• Succession of lower highs on-going, yesterday 143.08

• Trading yesterday on light side post-Asia on UK, US holidays

• Bias likely to remain down on concerns over US tariffs, deficit/debt

• Some option expiries today but nothing really massive

• Strikes include those between 141.75-142.00, 143.00-30

• May help to contain spot action

• Japanese importer demand eyed on dips, exporters on rallies

• Core 142.00-143.00 likely range today?

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