FX:USDJPY U.S. Dollar/Japanese Yen
USDJPY is a unique pair. It reflects both the drive that relative has imbued in the FX market, but it is also very sensitive to risk trends. The pair rallied this past week when NFPs charged Fed rate forecasts. However, what happens if a withdrawal of support from the largest triggers risk aversion? This pair is likely to show its true loyalties lay with sentiment. Keep an eye on this pair's bearing.