USD/JPY, EUR/JPY flows - USD bounces and BOJ December Hike

  USDJPY rejecting the 158.00 key level, has produced some caution among the USD bulls.  Additionally, though a report suggests that the BOJ in October will declare that 2% inflation has been meet, the BOJ is only expected to hike by 25bps in December in line with the Fed.  Also nothing really new from BOJ Ueda comments earlier today.  Bias is choppy sideways trading, with a focus on U.S. government bond yields.  Meanwhile for EUR/JPY, it is worth noting that 10yr France-Germany spread has narrowed from the highs, as hopes rises in Europe that the 2027 budget will be passed rather than a rollover special law budget like 2025 and 2026 (here).