Yen losses ease up a little in European morning trade ...Middle East

The pair is still up 0.4% on the day at around 152.90 but has fallen back below the opening gap of 153.23 upon the return from the weekend. The opening gap higher owes to the Japan election result. More on that from earlier: Japanese yen in the spotlight after weekend electionThe losses in the yen are being arrested for now but it doesn't materially alter the technical picture for USD/JPY.The near-term chart above continues to see buyers remain in near-term control, holding well above its 100-hour moving average (red line). The key near-term level is seen at 152.13 currently, so there is some way to go in drawing another test of that again.The opening gap higher in yen pairs owes much to tra

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