++ USD/JPY remains a "anchor" for yen crosses. The highest correlation is with CHF/JPY (≈ +95%) and CAD/JPY (≈ +84%), slightly weaker with EUR/JPY (≈ +73%) and GBP/JPY (≈ +70%). However, AUD/JPY (≈ +67%) and NZD/JPY (≈ +63%) often lead their own lives: commodities and China can steer them away from the dollar.
