USD Marginally Firmer in Asia

The greenback is moderately firmer in Asia this morning, moves in 2-Year US Treasury Yields have pared a touch after the historic moves seen yesterday. 2-Year Yield is ~7bps firmer, BBDXY is up ~0.1%.

• AUD is softer in early trading, AUD/USD is down ~0.2%. There has been little reaction to the fall in NAB Business Confidence which fell 10 points to -4. Westpac Consumer Confidence held steady at the depressed level of 78.5, two consecutive months of prints less than 80 have only occured twice once during the 90s recession and in 1986's "banana republic" period.
• Kiwi is marginally pressured, NZD/USD prints at $0.6210/20 down ~0.1%. However follow through on moves has been limited thus far with a 15 pip range observed. AUD/NZD sits a touch above $1.07.
• Yen is little changed from yesterday's closing levels. USD/JPY prints at ¥133.20/30, support comes in at ¥132.29 yesterday's low with resistance seen at the 50-Day EMA (¥134.27).
• EUR and GBP are pressured, both ~0.2% softer with the broad based USD uptick weighing.
• US Equity futures are firmer, S&P500 e-minis are up ~0.4%.
• There is a thin data calendar in Asia-Pac for the remainder of the session. Further out US January CPI print headlines the docket.