USD continues to grid higher in Asian session with Nikkei going up. And positive move on North Korea situation after news report that Kim accepts US inspection of nuclear test site which boosting some YEN cross as well. US treasury yield near the 3% handle which will finally give some support for USD but adding some pressure for stock market.
EUR remains cautious ahead of Thursday’s ECB meeting despite the effect of recent data slightly softer than expected.
GBP pulls back gains after dovish Carney. Market reducing bet for May hike on current situation and weakening data will still adding some mix for GBP in short term despite Brexit steady move ahead. USDJPY near 108.00-50 resistance zone on strong USD move. But overbought situation and current frail risk sentiment remains capping the topside with downside support with Option defensive bids around 107 in short term.
AUD / NZD / CAD pulls back further on reflection of USD strength and short term move still depend on USD action.
Today US PMI data, existing home sales and stock/bond market move will direct the intraday action.