USD/JPY rebounds after BOJ requests stability but will it hold?

The top Japanese currency diplomat has just been talking over the wires and his comments have helped to push the USD/JPY. Earlier this morning the USD/JPY dipped below the 145 handle again, but it did not take out the earlier lows and these soothing comments from the BOJ have helped it to rebound and that rebound has seen it rise back towards 145.75. That move in turn has derailed the EUR/USD, which is right now testing the 1.10 handle to the downside. The move higher in the dollar may only be transitory though and it remains to be seen if any of these central banks actually will step up to the plate in terms of supporting the US currency. In reality they may not, despite whatever rhetoric we get from the PBOC, BOJ or the ECB. The USD/JPY is right now at 145.45