USD/JPY is the most sensitive currency pair to moves in the US bond market, so keep an eye on bond prices today. After a strong round of US data at 12:30 GMT, yields jumped to 3.48 in the 10-year. Now, after a slightly weaker Philly Fed survey, we are all the way down at 3.41%.
USD/JPY trades at 90.40 from 90.78 highs. 90.30 and 90.10 are intraday support points near-term.