• USD/JPY and the JPY crosses see some bounce again in Asia on Japanese flows

• Importer demand again into today's Tokyo fix, maybe NISA flows pre-FY end

• USD/JPY 149.87 to 150.42 EBS, continuing bounce from 149.55 low yesterday

• US yields steady to firm, JGB yields firm on BOJ May hike expectations

• BOJ Gov Ueda remained hawkish in Diet testimony, said eyeing FX closely

• Asia mostly risk-on too, haven plays being unwound? Nikkei +0.3% @37,890

• Many players still see USD/JPY in downtrend with spot below 151.70 200-DMA

• Hourly chart shows spot still ensconced in 149.77-150.32 Ichimoku cloud

• On data, Japan Feb CSPI -0.5% m/m but still high +3.0% y/y, Jan +3.2%

• EUR/JPY 161.75 to 162.29 EBS and back below 162.38 200-DMA

• GBP/JPY 193.88 to 194.57, straddling its 200-DMA at 194.08, high o/n 195.00

• AUD/JPY 94.21 to 94.86, still within recent 91.78-95.74 range since March 11

• Related comment , also

• On BOJ , , , ,

• And , on CSPI , for more click on [FXBUZ]

USD/JPY hourly:


EUR/JPY hourly:


AUD/JPY hourly:

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