Forex: USD/JPY back around 81.40 after FOMC pop

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Forex: USD/JP Y back around 81.40 after FOMC pop

FITITOL--> FXstreet.com (San Francisco) - The FOMC on Wednesday reaffirmed the central bank’s plan to keep short-term interest rates near zero through late 2014 and modestly toned down their assessment of the economy’s performance.

Therefore, with the status quo intact, the dollar enjoyed a nice pop higher, especially against the yen. USD/JPY climbed up to a session high of 81.57 after the statement from the Fed, but has since pulled back moderately, last at 81.40 vs. 81.30 late Tuesday. Resistance is noted at 81.80, while, support is at 80.80.