The Japanese Yen has enjoyed a positive start to the week as both EURJPY and USDJPY continued their retreat from last week's highs. Not much has changed from a Yen perspective with a slew of Central Bank meetings likely seeing investors adopt a more cautious approach as well as cutting positions in order to limit exposure. Looking at the currency chart below and we can see how closely matched the currencies are as we approach the beginning of a busy 2-week period for markets and monetary policy which could shape the rest of 2023. Daily FX