EROTF - BOJ Steps Up Its Efforts U.S. 2-10 Curve Steepens Dollar Softens

• Although BOJ Governor Kuroda, who met with Prime Minister Kishida earlier today, does not seem concerned about the yen's weakness, Finance Minister Suzuki seemed more cautious.
• The Australian dollar bounced off four-day lows slightly below $0.7460 yesterday and settled above $0.7500.
• The euro rallied yesterday on the hopes that the Russian invasion of Ukraine may be near the endgame and is extending the gains today amid further positioning squaring.
• The median forecast in Bloomberg's survey has the US economy growing 3.5% this year and 2.3% next year.

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