The dollar was mostly lower in N.Y. trade on Thursday, with sentiment dented by a very weak U.S. durables report, which highlighted the Fed's data-dependent outlook, and pushed back most rate hike expectations to June from March. EUR-USD posted seven-session highs of 1.0967, as USD-JPY was capped ahead of 119, before falling back under 118.60. Focus now shifts to the BoJ, where the market has been pushing for further stimulus moves. We expect however, that Mr. Kuroda will not bite, and remain in a wait-and-see stance.
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