Japanese shares fall as Omicron spreads, Fed decision looms [USN:L4N2SZ1G0] FX traders exited some dollar longs, outlook is mixed [USN:L1N2SX0H4] However chart suggests USD/JPY more likely to rise than fall [USN:L1N2SZ0CS] USD/JPY has seen a 113.48-74 range on Tuesday, according to EBS prices EUR/JPY"s 30-day correlation with USD/JPY above +0.5 That shows the two currency pairs are moving more in lockstep Martin Miller is a Reuters market analyst. The views expressed are his own Our Standards: The Thomson Reuters Trust Principles.