USD/JPY: Latest Flows Bullish USD/JPY - BofAML

Bank of America Merrill Lynch FX Strategy Research points to a bullish signal for USD/JPY derived from the latest output from its proprietary flows data.
"As the year ends, our proprietary flows seem to be shifting towards the USD and away from the EUR and even more the JPY.
GBP flows remain mixed, despite the recent progress in the Brexit negotiations, with real money selling, but hedge funds buying," BofAML notes.