• Trump news imposition of tariffs on Mexico/Canada/China takes FX for ride

• USD/JPY less-affected than other major currency pairs, JPY crosses haywire

• Nevertheless, USD/JPY up a leg on broad USD strength, Asia 154.70-155.90 EBS

• Capped for now ahead of 156.00, 156.30 flat daily Ichimoku kijun line

• Daily Ichimoku cloud between 153.37-154.54 below, 55-DMA ahead at 154.97

• 200-DMA below cloud at 152.83 and ascending 100-DMA below at 152.51

• 200-HMA at 155.38 may be pivot today, ascending 100-HMA 155.30 below

• Chunky option expiries only at 154.00 $430 mln and 155.00 $696 mln below

• Some US yields have gapped up, supportive, Treasury 2s @4.266%, 10s @4.558%

• Fed waiting for clarity on Trump policies but inflationary effects real?

• Japanese importer to remain good buyers on dips, at each Tokyo fix

• USD/JPY dips may also see fresh new NISA-related flows

• Related comments , , , also

• US markets , , ,

• And , on the Fed , US data

• Trump news , , ,
USD/JPY:


USD/JPY nearby option expiries this week:


Yield on US Treasury 2s:

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