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Forex pairs in this Article » AUD/JPY, NZD/JPY, USD/JPY (Barcelona) - Yen has been weakening again against all other majors so far for the current Asia-Pacific session, even against Pound, second weakest major currency for last 2 trading days, helped on Nikkei gains as it approaches to the key 11k points mark, up +1.19% for the day. Even against Kiwi, another currency that has developed poorly in today's Asian trade, NZDJPY is about flat for the session, and for the week.

USDJPY reached a fresh session high at 91.03, taking AUDJPY with it to fresh 4-year highs at 95.35, breaching above hard ask line at 95.00 round, resistance for last 2 weeks. US 10 year bond yields above 2%, last at 2.03%, highest since late April 2012, has also weighed on Yen weakness, with all the focus now on upcoming key risk events from the US in the form of jobs and GDP figures, coupled with FOMC meeting at 19:15 GMT, all of which will surely add some volatility to markets.

Immediate resistance to the upside for USDJPY shows at recent session and yesterday's Asian session highs 91.01/03, followed by Monday's London session highs at 91.10, and Friday's/Monday weekly/fresh 30-month highs at 91.19/25. To the downside, closest support lies at yesterday's weekly low 90.32, followed by Jan 18/21 highs at 90.24/21, and Jan 21 lows at 89.33.
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