USD: The Yen comes into focus in early trade
* The Dollar trades in the green against all G10s as well as all the Majors. * Immediate focus is on the Yen, since the USDJPY is testing session high into the European hours. * Most market participants are still eyeing the 158.05 level, last Friday's high. * Our Technical Desk also highlight that 158.07 is the 50 day EMA. * A clear break through the latter, would open back to 158.44 50.0% retracement of the Jul 23 - Sep 8 bear leg. * Looking at a more longer term Chart, the next big upside would be situated at 164.50, managed a 163.99 high in July. * To the downside, 151.95 is the top of 2022 and is close to the 2026 low of 152.10 (see Chart). (Chart source: MNI/Bloomberg Finance LP).