• USD/JPY little changed in cautious Asia as traders stung by whipsaw moves

• Closed 0.1% higher Monday after trading 148.70-150.255 range

• Early weakness reversed as US yields and stocks recovered in volatile trade

• Markets continue to be buffeted by Trump's tariff comments ahead of April 2

• Upside limited as US stagflation fears continue to dominate

• Goldman Sachs raises probability of US recession to 35%, expects 3 Fed cuts

• China, Japan, South Korea will jointly respond to US tariffs-Chinese media

• Resistance 150.25-30, 150.60-70, support 149.45-50, 149.00-10
Countries with the highest tariffs on US imports relative to exports:

(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)