<p>USDJPY has been trading within a descending channel over the last month, hitting a fresh six-week low at 106.35 on April 29. The price is currently capped by the simple moving averages (SMAs)
<p>There are quite a number of things to note in this report <a href="https://www.reuters.com/markets/asia/softening-consumption-may-delay-bojs-exit-easy-policy-2023-12-08/" target=
It's almost June Citi's month-end rebalancing model flags a strong USD sell signal against EUR and GBP at this month-end "Our Asset Rebalancing Model notes a rotation from equities
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