(change PMI reading to ISM services)

• Yen is stronger against all its G10 peers after US ADP, PMI misses

• US May ADP 37K vs. 110K expected; ISM services below 50

• USD/JPY tracks sharp drop in Trsy yields

• UST 2-yr yields slide to lowest level since May 9

• USD/JPY drop slowed by equity gains, stable yen option skews

• Day's range of 142.60-144.41 on EBS; day's low near June 3 rally low

• Bullish USD/JPY tone fades as sinks below cloud, 200-HMA

• EUR/JPY lower after EZ PMI stays below 50; ECB on Thsdy

• Japan wage data, US-Japan trade talks, US jobless claims upcoming

• Supp: 142.40 June 3 low; 142.23 May 26 low; 142.11 May low

• Resist: 143.67 200-HMA;143.75 cloud bottom; 144.45 May 30 high
Yen


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