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In the broadcast today: What's Next for the JPY Crosses? We continue to focus on the USD/JPY and AUD/JPY pairs, we analyze the current consolidation after important breakouts, another day of the decoupling between JPY strength and risk aversion, the market's reaction to a dismal Trade Balance report from Japan and the prospects for further continuation of the negative JPY trend, we examine the trend developments with the major currencies after the German and U.K. GDP reports and the U.S. Existing Home Sales, we discuss new forecasts from Royal Bank of Scotland and UBS, and prepare for the busy trading session ahead filled with important economic data.

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