• Little change in USD/JPY, Asia so far 158.14-30 EBS

• Holding below 158.57 200-DMA, near top of 155.73-158.44 daily Ichi cloud

• Near top of 158.12-29 ascending hourly Ichimoku cloud too

• Downside limited to 157.83 in late London, early US trading yesterday

• Japanese exporter offers on rallies, importers at Tokyo fixes and on dips

• Option expiries today include 158.00 $1.6 bln, 158.15-159.00 total $1.6 bln

• More massive in area tomorrow, to continue to help contain spot action?

• JGB-US Treasury rate differentials wider, 2s @286, 10s @222 bps

• Latest poll shows most eyeing December BOJ rate hike

• That said, Policy Board dissents seen negative for the Japanese yen

• Related comments , , ,

• And , , also

• US markets , , ,
USD/JPY:


USD/JPY nearby option expiries this week:

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