• JPY tad better bid in Asia, market optimistic on US-Iran talks?

• This may be especially the case with crude oil prices relatively stable

• NYMEX futures look to have found equilibrium of sorts around $91.50/brl

• USD/JPY off a notch from 158.98 to 158.68 EBS today

• 157.89-160.03 range since April 7 holding, market eyeing core 158-160

• Spot looks to have tracked away from 158.89-159.23 hourly Ichimoku cloud

• Holding above 158.60 low Tuesday however

• JPY crosses off a bid but still near multi-year, some record highs

• EUR/JPY off from 187.67 fresh record high yesterday, 187.33-41 EBS in Asia

• Buoyant but upward momentum looks to have flagged for now

• Same for CHF/JPY, Asia 202.88-203.31, high Tuesday 203.88

• GBP/JPY 215.26-70, off from 215.90 high yesterday

• With July 2008 high of 215.89, now double top ahead of 216.00

• AUD/JPY 113.69-114.02 after rally to 114.10 yesterday

• High yesterday best since 114.75 in October 1990

• Related , for more click on [FXBUZ]

EUR/JPY:


GBP/JPY:


AUD/JPY:

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