• JPY remain on the back foot, USD/JPY to fresh 40-year high of 162.84 EBS

• Early low 162.54 and suggests downside very limited on strong demand

• Japanese importers, retail/NISA/funds, foreign investor hedges on stock buys

• Barring Japan FX intervention, more upside maybe inevitable

• Some suggest MOF could strike after US jobs report release Thursday

• Specs already eyeing 163.00 break, some talk of option barriers at strike

• Spot up with 162.67 hourly Ichimoku tenkan, kijun 162.41 below

• Hourly cloud 161.97-162.11, importer bids @162.00 on KO-ed option barriers

• Also supportive $1 bln vanilla option expiries today between 161.90-162.10

• EUR/JPY down some from 185.84 high yesterday, Asia 185.48-71 EBS

• Consolidating above 185.26 hourly kijun, 184.89-99 daily Ichimoku cloud

• Some option expiries today at 184.60 and 184.75, between 185.60-70

• CHF/JPY 200.80-201.27 after rally to 201.53 overnight

• Back to 201.03-73 daily Ichimoku cloud, holding above 200.79 hourly kijun

• GBP/JPY 215.18-68 after rally to 215.76 o/n, towards 216.59 peak Apr 30

• AUD/JPY 111.92-112.50 post-rally to 112.61 o/n, in 111.73-113.25 daily cloud

• Pull-back from high but support from 112.06 200-HMA, at 111.93 hourly kijun

• NZD/JPY 92.06-39 post-rally to 92.47 o/n, still sub-92.47-93.07 daily cloud

• BOJ Tankan taken in stride, Japan Inc low-balling USD, EUR assumptions

• Nikkei higher as AI shares bought, JGB yields up on weak yen, fiscal worries

• Related comment , also

• On BOJ Tankan/BOJ , , ,
USD/JPY hourly:


EUR/JPY hourly:


AUD/JPY hourly:

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