USD/JPY has been chopping around in a 40 point range the last few hours, weighed down by some less-flattering earnings reports than those earier in the week from GE, BofA and Citi.

USD/JPY lifted into the low 93.90s after the US housing starts but ran into supply ahead of 93.95. Demand is eyed down at the 93.50/60 region near-term.