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• USD/JPY finds new equilibrium on 161, higher plane without intervention
• Asia 161.28-52 EBS, follows push up to 161.81 Thursday
• Offers still thick pre-162 option barriers, some Japan exporter offers
• Threat of intervention seen high too, more FinMin Katayama jaw-boning
• Katayama vowed readiness to act on yen at any time early
• Option expiries today supportive, to help contain spot action
• Below at 161.00 $1.2 bln, 161.25-50 $745 mln, 161.75-162.00 $966 mln
• Another $2.9 bln up at 163.00 strike, $3 bln below at 160.00 strike
• Stasis on 161 could last into US re-open later today
• Japanese importers continue with buys, foreign Japan stock buy hedging too
• Market also eyeing more BOJ DepGov Himino Diet testimony today
• US-Iran tensions won't go away soon, fresh sabre-rattling over weekend
• Related comments , , also ,
• On BOJ , , on US-Iran ,
USD/JPY:
Nikkei 225:
(Haruya Ida is a Reuters market analyst. The views expressed are his own)