It feels more like the start of a new year than the start of the second quarter.
The key focus will be on US data and how the bond market reacts.
Powell speaks tomorrow.
USDJPY remains in a 151-152 range, betterment bid in the upper half. I read that any intervention should it occur would target a 5 yen drop. I also read that the effects of intervention would be short-lived.
EURUSD stays soft but tight range, suggests a cautious approach awaiting key data from mid-week on