USD/JPY - 86.03.. Dlr continues to move narrowly with a firmer undertone in subdued trading in Asia as most majors players are on the sideline ahead of the release of key U.S. payrolls data. The head of one of Japan's business lobbies said earlier 'the government shud not intervene in the forex market despite a firmer yen, which weighs heavily on Japanese exporters' profitability.' Bids have been raised to 85.90-70 n more below n offers by Japanese exporters are seen at 86.10-20 n more abv. Range trading with upside bias is expected in European morning. In other news, Honda's chief financial officer said on Thur 'the yen's strength is damaging Japan's export-driven economy but predicted the situation won't last.'
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