AceTraderFx Nov 10: Intra-Day Market Moving News and Views -USD/JPY Intra-Day Market Moving News and Views 10 Nov 2017 03:00GMT USD/JPY - 113.34.. Dlr moves in calm Asian trading on Friday after a whippy Thur session. Despite initial marginal gain to 114.07 shortly after Asian open yesterday, dlr fell on intra-day active yen-buying due to selloff in the Nikkie, price weakened to a 1-week low of 113.24 ahead of New York open. Although the pair staged a short-covering rebound to 113.69, broad-based decline in the greenback after details of Senate Republican tax bill were unveiled to cut the corporate tax rate to 20% from 35% but to delay implementation until 2019 sent price hitting fresh session lows of 113.09. However, rebound in the U.S. yields in New York afternoon lifted price to 113.52. Looks like range trading would continue until European open n as long as 113.09 low holds, consolidation with upside bias is in store but today's continued weakness in the Nikkie (N225 is currently down over 300 points at 22,552) suggests caution. Bids are noted at 113.30-20 with stop reported below 112.90. Offers are tipped at 113.60/70 with stops above 114.10. U.S. financial markets are closed for Veterans Day holiday but U.S. will release University of Michigan consumer confidence at 14:00GMT.