The yen climbed above 83.00 for the first time since April 2011 after the FOMC decision. It will be interesting to see if Japanese exporters take the opportunity lock-in better rates.

The calendar is somewhat busy. Westpac consumer confidence at 2330 GMT, then Australia dwelling starts at 0030 and Japanese industrial production final revisions for January at 0430 GMT. At 0300 Chinese Premier Wen Jiabao gives his final press conference of the NPC.