• USD/JPY 162.03-16 EBS in Asia, in stasis around 162.00 again

• USD off elsewhere but yen still under pressure

• US-Iran, summer carry interest, Japanese importer and retail demand cited

• Renewed Japanese flows into foreign bonds too on suspected carries

• FinMin Katayama again spoke out against weak yen, threatened action

• Ex-BOJ Adachi also flagged BOJ policy rate hike to maybe 1.75% in 2027

• That said, poll showed Japanese firms hurting from higher rates

• USD/JPY daily Ichimoku tenkan 161.99, underlying support at 161.17 kijun

• 162.04-07 hourly Ichimoku cloud support or pivot? 100/200-HMAs 162.07/13

• Massive option expiries today between 161.0095, at 162.00, 162.40-163.00

• EUR/JPY off from 186.00 EBS high overnight, Asia 185.84-99

• On hold above hourly Ichimoku tenkan at 185.68, kijun at 185.62

• CHF/JPY 200.90-201.55, 201.28-202.16 daily cloud, 201.49 100-HMA to cap?

• GBP/JPY holding bid, 219.12-58, holding just under 219.60 high yesterday

• Likely to remain bid on feel-good effects of coming new UK Cabinet

• NZD/JPY also better bid, 94.55-94 in Asia on carry interest

• Underlying support at 94.56 hourly Ichimoku kijun, tenkan 94.75

• AUD/JPY buoyant too but less than NZD/JPY, Asia 113.22-64, o/n high 113.68

• Attempting to break clean above 112.13-113.45 daily Ichimoku cloud

• Related comments , , also

• On MOF/ex-BOJ-speak , flows
USD/JPY hourly:


GBP/JPY hourly:


NZD/JPY hourly:

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