FOREX: Yen Firmer In Asia

The Yen is firmer in Asia today, there was no headline catalyst for the move with pre BOJ positioning perhaps sparking a mild bid in JPY. Elsewhere in G-10 moves have been limited with little follow through.

• USD/JPY is ~0.2% lower and last prints at ¥141.40/50. Support comes in at ¥137.25, low from July 14 and resistance is at ¥141.96 Friday's high.
• AUD is a touch firmer, AUD/USD erased early losses and sits ~0.1% firmer last printing at $0.6730/35. The pair sits a touch above the 50-Day EMA ($0.6719), resistance comes in at $0.69.
• Kiwi is little changed, NZD/USD prints at $0.6170/75 little changed from opening levels.
• Elsewhere in G-10, SEK erased early losses of ~0.3% to sit little changed. EUR and GBP are marginally firmer.
• Cross asset wise; BBDXY is a touch lower and US Tsy Yields are ~1bp firmer across the major benchmarks. E-minis are flat and the Hang Seng is down ~1.5%.
• Today's docket is headlined by preliminary Services and Manufacturing PMI's from Europe and the US.