Over the past few trading days, the British pound has been confined to a very tight trading range.

A further rally in the yen will undoubtedly test the resolve of Japan's Ministry of Finance and at some point.

Kathy Lien has been bullish Australian dollars for some time.

Bernanke's support for the U.S. dollar and Federal Reserve President Lacker's comment this morning that the central bank is paying close attention to the value of the greenback has driven the buck higher against all major currencies.

Dollar bashing has driven the U.S. dollar to an 11-month low against the euro.

The Japanese yen strengthened across the board as investors cheer new leadership in Japan.

We are witnessing a very powerful move in USD/JPY ahead of the FOMC rate decision.

For the past four trading days, the British pound has been stuck in a 200 pip range against the U.S. dollar and a 115 pip range against the euro.

The 95 price level for USD/JPY has served as very strong support over the past few months and now that the currency pair is trading well below that price level, it appears that the floor is caving in.

Over the past few years, traders have become accustomed to the idea that the day-to-day moves in stocks impact currencies.