• USD/JPY dips into NorAm close -1.1% at 132.97, Thursday range 134.41-132.91

• Diverging US-JP rate expectations weigh on USD/JPY

• US cont claims rise hints Fed hike may be slowing employment, UST yld lwr

• Talk of BoJ rate normalization post-YCC tweak capping USD gains

• Despite China reopening, rising China COVID cases may temper global growth

• Res at 10-DMA by 133.69, Thurs high 134.41, 21-DMA 135.08

• Supt Thurs low 132.91, 132.40 72.4% of 126.37-151.94, lwr 21d Bolli 131.24

• Next wk's ISM mfg, JOLTS and jobs data key for Fed pricing, USD/JPY rebound

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