For once it was the Asian session which saw most of the volatility yesterday and both London and NY sessions were relatively quiet. USD/JPY is back near recent lows despite some very large buying over the last two days and that must be slightly worrying for the Japanese authorities. EUR/USD and AUD/USD remain strong with no sign as yet of any deeper pullbacks emerging, but as it is Friday we may see some intraday pressure on the Yen crosses.
Good luck today and TGIF.
