• USD/JPY holds gains after surging 1.4% to a near one-month of 145.95

• Pair buoyed by risk rally after UK-US trade deal, BOE cut, Trump comments

• Trys 2-yr yields rise 11bp to 3.907%, highest since April 14

• Broad USD gains lifted DXY to highest level since April 10

• Pres Trump touted trade deal, said everyone cutting rates but Powell

• Fed stayed data-dependent on Wed.; weekly jobless claims improved Thsdy

• Japan wage and spending data on Friday before Fed speakers

• Long yen positions may unravel above 146, upper Bollinger

• Resist: 146.00 psychological; 146.71 55-DMA

• Supp: 144.95, May 5 high; 143.93 conversion line, 143.12 21-DMA

• Yen crosses are higher and testing upper Bollingers
YEn

(Robert Fullem is a Reuters market analyst. The views expressed are his own.)