Dollar on guard; BOJ speculation keeps yen supported [Reuters]
NATL AUSTRALIA BK S/ADR (NABZY)
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Source: Reuters
near a one-month high on mounting expectations the Bank of Japan could exit negative interest rates as early as next week. In cryptocurrencies, bitcoin hovered above $72,000 and was just a whisker away from surpassing a record high made in the previous session. Against the dollar, the euro retreated from a roughly two-month high hit last week and last bought $1.0931. Sterling rose 0.08% to $1.2822, though was similarly some distance away from Friday's more than seven-month peak. Currency moves were subdued and the greenback halted its recent decline ahead of a reading on U.S. inflation out later on Tuesday that will provide further clarity on how soon the Federal Reserve could commence its rate easing cycle this year. While expectations are for core consumer prices to have risen 0.3% on a monthly basis in February, investors will be looking closely for any upward surprises as was the case in January , which could derail the pace of expected Fed rate cuts. "Were we to get a 0
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