• EUR, other majors continued to gain vs USD o/n whilst JPY retraced lower

• USD/JPY bounced back up to 159.18 EBS in New York before falling back

• Japanese exporters sales may have been responsible

• USD/JPY 158.89-159.08 so far in Asia, looking on heavy side

• Back below 159.43-161.64 ascending daily Ichi cloud after push back in o/n

• Still ascending 200-DMA 158.33 below, now flat 100-DMA 159.99 in cloud

• 100-DMA along with the daily Ichimoku kijun at 159.59 to help cap again

• 100/200-HMAs at 159.10/19 to help cap too, hourly cloud 158.57-90, support

• Chunky option expiries today between 159.40-50, at 159.00, between 158.00-50

• JGB-US Treasury rate differentials remain narrow, in 2s @249, 10s @179 bps

• Related comments , , ,

• And , , also

• US markets , , ,

• On US Tsy buybacks , ,

• On US data , , Fed ,

• Also , for more click on [FXBUZ]

USD/JPY:


USD/JPY hourly:

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