Markets have settled into what looks to be a consolidation move in front of crucial meetings from the Fed and the BoJ, however the strengthening of the yen suggests that the market is somewhat sceptical that the stimulus package out of Japan will be able to meet expectations. The yen has started to unwind some of its recent gains after suggestions that perhaps the government fiscal stimulus package in Japan will underwhelm and be unable to stimulate the growth necessary. Markets are also looking at the selling pressure coming through the oil price once more as concerns over the strength of the dollar, global demand ... (full story)