The Japanese Yen and the U.S. Dollar dropped following the Federal Reserve’s decision today to buy short term commercial paper to assist companies with short term financial needs. The Federal Reserve has established a special-purpose facility which will be responsible for buying commercial paper in the financial markets. This latest move has been approved by the U.S. Treasury Department. According to Dustin Reid of RBS Greenwich Capital, the Fed’s announcement to buy commercial paper will have “a positive reaction in regard to sentiment.”