Sentiment deteriorates
A double-whammy of a slump in tech stocks and a surprise drop in homebuilder sentiment has helped USD/JPY break another technical level.
The November 1 low of 112.56 gave way in a slide to 112.53 in the latest push.
The US dollar is feeling some broad pressure on expanding talk of a pause in Fed hikes early next year.
Williams will speak in about 30 minutes and those comments are going to be critical for the dollar.