• USD/JPY holding relatively bid still with Middle East ceasefire in question

• Market also wary ahead of the weekend, plenty could take place

• USD/JPY 158.97-159.10 EBS so far, follows 158.53-159.30 range yesterday

• Threat of FX intervention again, more official jaw-boning expected again

• Techs show USD/JPY holding above 158.65-96 hourly Ichimoku cloud

• Descending 100/200-HMAs just above at 159.18/159.23, a sell above?

• JGB-US Treasury rate differential up in short-end but long-end still narrow

• In options, massive $2.1 bln expiries today between 158.00-10

• Also 159.50 $431 bln and larger $967 mln up at 160.00

• Related comments , , , also

• US markets , , ,

• On Middle East , , ,

• On Fed , , US data
USD/JPY:

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