The yen is soaring

The Japanese yen is surging amid growing doubts that Japan will actually go for an aggressive stimulus package.
The currency is stronger by 1.4% at 104.34 per dollar at 7:28 a.m. ET.
A Nikkei report indicated that the government plans a direct fiscal stimulus of around six trillion yen over the next few years, which although would be about twice the amount that was originally planned, would be less than what markets were hoping for.
The total size of the package will be