USDJPY is pushing higher today ahead of keenly awaited comments from Fed chairman Powell. Giving the introductory speech yesterday at a Research and Statistics conference, traders were left empty handed with no mention of the economy or monetary policy. Today, however, the market is braced for more topical commentary from Powell with the Fed chief’s outlook on Fed monetary policy the key focus. Powell on Watch: It's been a tricky time for USD in recent weeks. The drop in October employment data made a strong case against further tightening before year end, leading USD lower. However, subsequent hawkish remarks from ... (full story)