The dollar has settled above yesterday’s trend lows. EUR-USD has been making time in a narrow range below yesterday’s 37-month peak at 1.2296 while USD-JPY has lifted to the upper 110.0s after opening in Tokyo just under 110.50, above yesterday’s four-month low at 110.33. There were some remarks of disquiet about yen strength from both finance minister, Aso, and the economy minister, Motegi, which followed a six consecutive session run lower in USD-JPY. AUD-USD and NZD-USD settled off the respective trend highs of yesterday, and USD-CAD settled above yesterday’s low.