Early USD gains were quickly eroded......>

DOLLAR-YEN: Early USD gains were quickly eroded overnight following BOJ Governor

Kuroda remarks that said the bank was not considering a comprehensive assessment

of its monetary policy at present. Usd/Jpy dipped back under Y107.00, slippage

extended to Y106.44 before fading. Bids are reported at Y106.10/00, a break here

opens a move toward the YTD low of Y105.55 (Feb16). Last Y106.51.

- On the US calendar today main highlights from New Home Sales at 1500GMT. New

home sales are expected to accelerate to a 647,000 annual rate in January

following a reversal in December.

- FED speak from James Bullard at 1300GMT who will present on the U.S. Economy

and Monetary Policy at the 34th Annual NABE Economic Policy Conference in

Washington, with audience Q&A.

- Option-expiries: Y105.00($1.23bn), Y106.00($963mn), Y107.00-05($2.37bn),

Y107.50($820mn), Y107.85($500mn), Y107.95-108.00($2.43bn), Y108.55($668mn),

Y109.00($1.06bn).