• USD/JPY found buying demand, trading in the 150.02-150.69 range the previous day, closing up 0.15%.

• Rising risk appetite boosts USD/JPY as Nvidia drives global stock markets to new highs

• Nikkei soars to all-time peak

• U.S. bond yields rose, and the prospect that the Federal Reserve "will keep interest rates at high levels for an extended period of time" provided support for the dollar

• Strong U.S. economic data keeps Fed on track to delay rate cut

• Optimistic expectations that the Bank of Japan will withdraw its stimulus policy in April continue to grow, which may slow down the rise of the US dollar

• Former Bank of Japan review member Makoto Sakurai: If wages grow strongly, the Bank of Japan may end negative interest rates in March

• Japanese markets will be closed on Friday for a holiday; thin market trading could amplify trends

• Resistance is at 150.90-151.00, support is at 150.00-10, 149.70-75

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Thomson ReutersSector-wise breakdown of the Nikkei index's total market capitalization

(Krishna Kumar is a market analyst at Reuters. The above content only represents his personal views) (End)