The growing complacency among foreign-exchange traders is handing Bank of Japan Governor Haruhiko Kuroda an opportunity to get the maximum effect should he choose to ease monetary policy further.
The euro may slide to $1.30, the lowest in a year amid concerns the sovereign-debt crisis will spread from Greece, according to a unit of Credit Agricole SA.
"The Australian dollar spiked after the improvement in the jobless rate. There were lots of short positions that had built up from yesterday's plunge in copper."
- Yuji Saito on Jan 14, 2015