USD/JPY sits at 83.15, almost exactly where it closed out Tuesday in North America. Asian trade saw price action confined to narrow 83.08-83.26 range.

Been recent talk of real money buying around 83.00, lending much-needed support while BOJ continues to stay away.

Stops seen gathered down at 82.80/85. Below there talk of 82.75 and 82.50 barriers. Also been some mumblings of Kampo lying in wait down at 82.90/00, but not overly convincing mumblings so far.