BUZZ-USD/JPY holding around 157.00, quiet Christmas eyed

• Tokyo the only major financial centre open on Christmas

• Most eye quiet, range-bound trading, range so far 157.00-30 EBS

• Follows range of 156.90-157.41 yesterday, recent high 157.93 Dec 20

• Range capped at Dec 20 high, base 155.97 retracement low Dec 20 too

• Tech support from wafer thin 156.95 hourly Ichi cloud, cloud to fan out

• 55-HMA in area at 156.90, ascending 100-HMA 156.71 below

• No large option expiries to speak of on Christmas, some small nearby tom

• US yields close Christmas Eve on firm side, Tsy 2s @4.337%, 10s @4.590%

• JGB yields in stasis, 2s @0.575%, 10s @1.062%, JGB-Tsy rate diffs wide

• USD/JPY moves to upside likely met by fresh MOF verbal intervention

• Related comments nL1N3NP07C, nL1N3NP00Y, also nL1N3NP0FR

• US markets nL1N3NP0BC, nL1N3NP0EY, nL4N3NP0OI, nL1N3NP021

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(Haruya Ida is a Reuters market analyst. The views expressed are his own)