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• USD/JPY back up on 158 on late New York USD spunk, to 158.55 EBS
• Asia so far 158.50-60, holding in area of 200-DMA at 158.57
• Japanese exporter offers eyed above but Gotobi Tokyo fix, importer buys
• Exporter could wait till after any Tokyo fix demand sated
• Top of daily Ichimoku cloud in area too, cloud today 156.28-158.44
• Technically, 100-DMA at 159.44 likely cap, below since 160.39 September 2
• Support from 158.20 200-HMA, 100-HMA 158.15, hourly cloud 157.94-158.00
• Option expiries today 157.00-10 $923 mln, 158.00 $692 mln, 159.00 $1.1 bln
• No major changes in JGB-US rate differentials but BOJ Oct hike possibility?
• Still seen long shot but BOJ Ueda comments yesterday have some nervous
• Related comments , , , also
• US markets , , ,
• On BOJ Ueda , , for more click on [FXBUZ]
USD/JPY:
(Haruya Ida is a Reuters market analyst. The views expressed are his own)