Yesterday's strong 30yr JGB auction implies relief for JPY in the short term.

Ueda's apperance today might enforce another depreciating fall in JPY against Dollar.

DXY is looking weaker in the current risk on environment supported by Fed rate cut expectations.

Takaichi's fiscal expansionary plans will ensure USDJPY trajectory might stay upwards for a long time.

GBP's problems seem to be never ending. With the upcoming UK budget on 27th Nov, how to fill the budget deficit has become a key concern after FT reported today that UK PM & Chancellor have ditched their plans to raise income tax.

JPY is in a steady state depreciation towards 160.