USD/JPY edged up to 93.02 in the run up to the 15:00 GMT fixing but it is running into heavy offers from Japanese exporters, as expected. Offers are said to be thick through about the 93.20 level.
US equities are turning lower and could drag USD/JPY and EUR/JPY down with them, traders say. 92.80 is support on dips near-term with more down in the 92.45/50 region.
