Major Overnight Headlines
• JPY rises as Japanese repatriation speculation builds, Nuclear crisis intensifies; 10-yr JGB yield at 3-month low
• BoE introduces forward guidance with CPI/financial stability “knock-outs”, prompting a moderate fall in GBP, rates
• BoE’s Carney says BoE “must prevent” any unwarranted tightening of policy, Bloomberg
• German industrial output rises 2.4% MoM versus 0.3% expected
Read the full report: FX Daily
BMO