USD/JPY is marginally firmer this morning, in subdued trade, presently at 90.20 from an early 90.00.

European stocks are a little above water, while oil is up just over half a buck, with general risk appetite in marginally better shape than at the tail end of last week. This calming of risk aversion will be giving USD/JPY some underpinning.

Sell orders are noted layered from 90.30 up through 90.60, with buy stops said to be gathering around 90.70.

On downside, buy orders noted at 89.90/00.