TOKYO (AFX-ASIA) - The dollar/yen was stable in midmorning on continued threats of intervention, as well as a mild improvement in near-term fundamental and technical factors for the dollar, dealers said. The markets were thin, with London closed for a public holiday today. "The dollar/yen's biddish because many market players are expecting intervention. The BoJ will come in again this weak," said Mitsuru Sahara, foreign exchange vice president at UFJ Bank. Vice Administrative Finance Minister Toshiro Muto reiterated this morning that the ministry's stance on the dollar/yen is unchanged after recent market intervention. "Our stance has not changed a bit even after the market intervention. If necessary we will take action in the market. Calm movements are welcome, although we cannot talk about levels," Muto told AFX Asia. Meanwhile, technical and fundamental factors have improved for the dollar. "US data on Friday was good. In Tokyo, dollar-long positions are piling up gradually. I see 126 yen by Friday," Sahara said, adding this will be assisted by a likely correction in the euro/dollar. "Euro positions and IMM (short-term) positions are very long. The euro tried 94 cents three times but failed to break it decisively," he said. Meanwhile, downward pressure on the dollar from Japanese exporters has waned after the end of the month. "Exporters sold a lot of dollars last week. At 125 yen there's a good offer but apart from that we cannot see any big orders. I feel they've sold a lot already," Sahara said.