The US Dollar has rallied significantly to show signs of continuation against the lowly Japanese yen. However, there is a Bank of Japan meeting in the early hours on Friday that could cause headaches.
The USD/JPY pair broke above the 155 level in the early hours on Wednesday, but the real question will be whether or not it can hold those gains?
The US dollar continues to pressure the 155 level showing signs of perhaps trying to break out given enough time.