JPY review

Attention yen buyers: Japan's currency is still near the most affordable levels in two months. The dollar has risen to mid-March highs against the yen as U.S. Treasury yields hold around elevated levels with the 10-year note above 2.20 percent. 

Juicier yields in the U.S. tend to entice the Japanese investor to shift money abroad which puts upward pressure on the dollar and downward pressure on the yen. No change is expected when the Bank of Japan announces a policy decision tomorrow.