The Yen has been trading firmer while the Dollar has been steady against most currencies. EUR-USD edged out a fresh four-day high of 1.1743 earlier in Asia, marginally extending the gain seen after the unexpectedly cordial meeting between President Trump and the EU’s Junker. USD-JPY has remained heavy as the 10-year JGB yield lifted to a one-year high of 0.89% amid prevailing speculation that the BoJ could scale back its stimulus program, despite concurrent expectations for the central bank to trim inflation forecasts at its policy meeting next week.
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