USD/JPY is lower, weighed down by suspected intervention to support the yen that kicked in around five hours ahead of news of cooler-than-expected U.S. employment data, says Tony Sycamore, market analyst at IG Markets. He expects another round of intervention over the next one or two trading sessions, which would likely secure Tuesday's 162.83 print as a short-term top with scope to hold for the next six to eight weeks. Whether it becomes a more meaningful medium-term high will ultimately depend on incoming U.S. data and, to some degree, developments in the Japanese government bond market, he adds. (james.glynn@wsj.com; @JamesGlynnWSJ)