US Treasury yields paused after reaching a multi-year high on Tuesday, ahead of the Federal Reserve’s monetary policy announcement later in the day, according to FX Street. This pause reflects cautious positioning by investors in anticipation of the Fed’s interest rate decision.

Meanwhile, the Australian Dollar weakened against the US Dollar during Asian trading hours on Wednesday, with the AUD/USD pair declining to around 0.7120 from a previous level near 0.7150, FX Street reported. The currency movement indicates market sensitivity to the upcoming Fed announcement.

For Japanese investors, the Fed’s decision remains a key factor influencing global liquidity and risk sentiment, which in turn impacts FX and equity markets in Japan.