Currency markets saw some of the biggest moves in the previous session with weakness in the Japanese Yen showing some of the most activity and United State Dollar and Japanese Yen and Euro and Japanese Yen in particular marching higher. Some selling pressure was initiated by Japanese export companies in an attempt to slow the rises but the bull side won out with both pairs posting new highs for the week. Part of the explanation for these moves is being attributed to the upcoming Federal Reserve meeting, where a dovish bias is expected by many (a net positive for equity markets and high yielding currencies).