Japanese Yen futures traded lower today, marking the fourth down session out of the last five and approaching eight-month lows. Selling pressure has been persistent, with price action pushing down near the lows seen in early October. The primary driver is the shifting dynamic and sentiment coming out of central bank policies. This central bank activity, and the perception of future actions, is keeping pressure on Japanese Yen futures. While the FX quadrant showed mixed price action today—with the euro and Australian Dollar futures slightly higher—the Japanese Yen and British Pound futures were notably under pressure. The yen's downward drift is bringing the currency to some of the lowest levels seen for the beginning of the year.