USD-JPY dove to two-week lows on remarks by BoJ's Kuroda, while EUR-USD saw choppy trade, reversing back to the 1.1300 area after rallying to a five-day peak of 1.1374. The euro move higher had been concomitant with a spike in the 10-year Bund yield, which reached 1.0% for the first time since last September. However, gains didn't sustain, and the Jun-7 peak at 1.1379 was left untroubled. Recent firm data and perky May inflation data have enabled the euro to generally hold up well to the dollar, but the rekindled Fed rate hike narrative following last Friday's solid U.S.
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