Yields on US Treasuries are staying solid. Earlier on the 10-year hit 4.5% and its highest since 2007.
The stronger USD is not uniform. AUD, CAd and NZD are all little changed while JPY, EUR and GBP are all off a few points.
None of the moves are large.
The Bank of Japan Statement is expected sometime in the 0230 to 0330 time window, probably a little later in that window than earlier.
- 10.30 – 11.30 pm US Eastern time
Previews posted already:
- BOJ will not unwind easy policy at this week’s meeting – poll
- BOJ statement due Friday: “Ueda could strike a hawkish chord”
- BOJ statement tomorrow – preview – “could probably send a subtle hawkish message “
- ANZ expect a subtle shift from the BOJ at this week’s meeting – to less dovish
EUR update:
This article was written by Eamonn Sheridan at www.forexlive.com. Source