- USD/JPY next hurdles by Tenkan & 50% Fibo at 124.16 & Jun 11 high at 124.195
- Fed-BOJ policies still divergent, even if FOMC rate hike timing stays vague
- 1.7% WTI rise & bullish pricing pattern past few weeks favor Fed hikes
- Rising Japan energy import costs bearish for JPY as Export volumes struggle
- CHF & GBP sapping JPY of some traditional haven flows re Greek risks
- Surge in spec yen shorts biggest negative






