USD/JPY Eyes Breakout After FOMC, EUR/USD and EUR/CAD in FocusEURO / CANADIAN DOLLARFX_IDC:EURCADCityIndexJerome Powell delivered a hawkish twist at Wednesday’s FOMC meeting, signalling he intends to remain on the board after his term as Fed Chair ends. The US dollar and yields pushed higher in response. The key question now is how much of this corrective USD bounce is left—and whether EUR/USD will break key support. I also explain why USD/JPY looks set for a breakout either way, and revisit yesterday’s EUR/CAD outlook. MS.