• USD/JPY off hard from early Asia 150.62 high, to 150.08 EBS so far
• Demand seen into today's Tokyo fix but Ishiba news have trumped this
• Japan PM Ishiba said "all options on table" in dealing with auto tariffs
• In Diet testimony, Ishiba said thinking about appropriate response to US
• Tokyo pundits speculate Japan could hold back on promised US investments
• With a full-fledged trade war possibly brewing, Nikkei off large
• Risk mood off large on back of the US and Japan news
• Follows sell-off on Wall St overnight on tariff news, Nikkei -1.1% @37,593
• USD/JPY down to area of 150.12-19 hourly Ichimoku cloud
• Ascending 100 and 200-DMAs below cloud at 149.97, 149.53
• Massive $1.1 bln in option expiries at 150.00 today supportive so far
• Related comment , also , for more click on [FXBUZ]
USD/JPY hourly:
Nikkei 225 daily:
(Haruya Ida is a Reuters market analyst. The views expressed are his own)