USD/JPY is supported by fresh risk-taking this morning and a rise in US bond yields. US 10-year notes are trading at a 3.51% yield. It has not spent much time above the 3.50% level in recent weeks.
Icimoku cloud resistance comes in around the 90.90 level, we’re told, while Exporter offers are eyed in the 91.10/20 region, traders report. 90.70 is support on dips initially. We change hands now at 90.89 and have been as high at 91.03.
