The USD is heading for a second week of gains against the Yen with
indications that the Fed will taper the bond purchasing program next
week. However, commentators are still saying that the Fed will give
mixed messages when they meet, further muddying policy strategy.
Japan's Nikkei newspaper reported that President Barack Obama will name
Lawrence Summers as the next Fed chairman. There has been a Republican
backlash do to Summer's history of raising taxes, with Janet Yellen
seen as the most logical replacement and the first woman to head the
central bank.