US Feb Durable Goods Orders up to 5.7% vs -3.8% (Jan)

The newly installed BoJ Governor Kuroda stuck to the dovish script overnight, though two comments in particular seemed to impress investors sending the USD/JPY gradually higher. However these were merely restatements of his existing position. First, Kuroda reiterated that one easing option would be to scrap the BoJ's self-imposed rule, which prevents the stock of Rinban JGBs exceeding the value of yen currency notes in circulation.