Trades -0.7% retracing all of Wednesday's gains, as risk sours in Asia

No significant Japan news, so year end flows likely behind the dip

10yr yields remain just below 0.5% upper band, JP10YTN=JBTC trades 0.455%

Despite the BOJ policy change, Fed yield expectations in Q1 2023 support USD

Charts; positive momentum studies, 21 day Bollinger bands head lower

10 & 21 day moving averages, Tenkan and Kijun lines fall - negative setup

Bias is lower while yen closes below 135.23 Kijun line, which has capped

130.58 Dec 20 low is initial significant support

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