Market far from ready to push aggressively lower USD; Where to target? – Credit Suisse

Credit Suisse on USD/JPY and EUR/USD
Credit Suisse discusses the USD outlook and
"At a broad level, FX markets can best be characterised as exhibiting
falling volatility in a relatively less dynamic environment. With USD
libor rates also falling sharply, these conditions are typically
associated with markets looking to add to risk, and for riskier
currencies