• USD/JPY holding relatively bid after push up to 158.76 EBS yesterday

• Asia so far 158.45-72 awaiting full results of US midterm elections

• US yields up after strong data, Wall Street mixed, crude oil off a bit

• USD/JPY holding at/just above top of 157.04-158.44 daily Ichimoku cloud

• In area of 200-DMA at 158.62, 100-DMA above at 159.16

• Greater chance of Japanese FX intervention eyed 159.00+, towards 160.00

• Some chunky option expiries nearby today, starts with $2.5 bln at 159.00

• Between 157.90-158.20 total $935 mln, between 158.50-70 $927 mln

• JGB-US rate differential still narrow, 2s @271 bps, 10s @215 bps

• Related comments , , , also

• US markets , , ,

• On US data , , on US midterms
USD/JPY:

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