USD/JPY choppy in early Asia trading, heavy, 151.23-65 EBS so far
Closer to 151.23 low February 10, 151.00 and 150.93 low February 7 below
Bias to remain down, stops eyed on breaks of each of these levels
Resistance today from 151.81 Ichimoku kijun line, 55-HMA 152.07 above
Japanese importer buys eyed into today's Tokyo fix but no matter?
Soggy US yields setting the tone, Treasury 2s @4.258%, 10s @4.493%
JGB yields firm in contrast, 2s @0.810%, 10s @1.395%, at 15-year highs
Of course JGB-US Treasury yield differentials continuing to narrow
Not much in way of large nearby option expiries today, 152.75-90 $872 mln
Related comments nL2N3P80DK, nL2N3P80GK, nL1N3P5037, nL1N3P401R
Also nL2N3P80G2, contrasting view nL2N3P808L
On markets nL2N3P80HZ, nL3N3P80KJ, nL3N3P80UE, nL2N3P8034
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