The yen is taking a drubbing ahead of the G7 meetings in Tokyo that start tomorrow. Japan’s economy minister said they might intervene without US consent.
The euro has been boosted by talk of more time for Greece and a fully-subscribed Italian bond auction.
At the bottom of the hour, a round of data is coming out that includes initial jobless claims, trade balance for the US and Canada as well as the Canadian new house price index.
