USD/JPY - 90.48.. Dlr has rebounded after intra-day retreat fm Asian morning high of 90.56 to 90.30 as bids by Japanese names contained weakness. The pair then moved gradually higher as most Asian stocks are up with Shanghai Composite up by just abv 1% (brushing off y'days' Fitch downgrade of two 2nd-tier Chinese banks) n N225 also in +ve territory prompted traders to sell yen on crosses. Good 2-way flows have been seen with bids at 90.30-10 but as reported earlier, hefty offers at 90.80-00 shud continue to put a lid on dlr's upside.