- Main event later today will be the BOJ rate announcement and statement:
- Professional speculative market is very short of Yen so may see short-covering if BOJ disappoints:
- EUR staying strong across the board with EUR/JPY consolidating near 112.00 whilst EUR/AUD and EUR/GBP make decent gains:
- EUR/USD should find willing buyers on any pull-backs to previous highs at 1.3170:
- Cable stalled again near 1.6300 and this level is attracting plenty of selling interest:
- AUD/USD looks to have more downside risk after the break back below 1.0510:
- USD/JPY continues to trade in a bullish fashion, currently consolidating near Monday’s highs at 84.40:
- RBNZ business confidence and China’s leading indicator are the highlights on the Asian economic calendar.