On Wednesday, the USD/JPY fell by 0.46% to wrap up the day at 140.237. The Fed interest rate decision and the Fed Chair Powell press conference left the greenback on the back foot. This morning, there are no economic indicators from Japan or China to move the dial. The lack of economic indicators will leave sentiment toward the Fed and BoJ interest rate decisions to move the dial. The markets expect the Bank of Japan to begin moving away from its ultra-loose monetary policy stance. Initially, the Yield Curve Control Policy will be the likely focal point. A shift away from ultra-loose and an end to the Fed monetary ... (full story)