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We look at recent measures in Japan and the risk of a stronger recovery. The US dollar was the best performer last week while the Australian dollar lagged. The calendar is light to start the week. Both of Friday's 2 new USDCAD longs and the shorts in silver are now in progress as well as is USDJPY.

With Abenomics and aggressive BOJ money printing, Japan is performing two of the riskiest economic experiments in a generation. First quarter GDP was exceedingly strong, machine orders have rebounded, stocks are soaring and with the yen weakening the risks are of a strong recovery.