The major currencies were all over the charts this week as there was a lack of major catalysts prompting strong directional movements for most of the week. The big exception was the New Zealand dollar, which arguably saw the most volatility, dropping big as the RBNZ shifted its policy rhetoric.  The Japanese yen took the top spot this week from the shift in perception that the BOJ may pivot to a more hawkish policy stance.

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This post first appeared on babypips.com

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