USD/JPY is not getting its usual boost from somewhat firmer US yields this morning. 2-yr notes are back above 0.50% today, rewarding investors with a very attractive (not!) 0.52%. 10-yr note yields are up to 2.55% after a spike down to 2.42% after the ugly housing data yesterday.
Looks like the greenback is more closely watching the equity market which has given back most of its early gains. Shares are up 0.3% at the moment after rallying about 0.7% right after the jobless claims report.
84.40 is modest support near-term with better support down at 84.00-ish. 84.90/00 offers are seen on rallies with stops just above.