- Fresh foreign asset buys by Japanese pension funds all but confirmed
- Bloc usually waits for dips but paid up this morning, flows abate since
- USD/JPY offers in place still pre-120.50, 120.45 high Tuesday, stops 120.50+
- Bids on dips towards USD565 mln in 120.00 vanilla option expiries


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FxWirePro: USD/JPY dips below lower range, bearish bias increases 



