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JPY strongest and AUD weakest
Yen gained on BoJ surprise adjusting its yield curve control program
Higher JPY gives relief to inflation concerns.
AUDJPY Huge trade flow in region and forced unwinding on news.
USDJPY JGB unwindYen Soars After Bank of Japan Mini Pivot Widens Yield Curve Control Band
U.S. Dollar Index $DXY rose 0.2% to 104.19, still close to the six-month low of 103.75 touched on December 14th. USDJPY up .56 to 132.26 offering support here
The US dollar continued its pullback to finish the year back at levels last seen in June. Perspective though, the U.S. Dollar Index declined 0.8% to 1
[See the full post at: Forex Traders Weekly Outlook – Aussie Dollar, Yen, Won and Kiwi Strength at Year End]
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