It's a quiet economic calendar in Asia onTuesday, 26 March 2024

There isn't much here to move the FX around too much upon release.

With USD/JPY well above 151.00 still, be on the lookout for verbal intervention from Japan again.

Yesterday this put a dent in USD/JPY for a little while:

• Japan Kanda says closely watching FX moves with high sense of urgency

As did the January meeting minutes:

• BOJ not under pressure to accelerate rate hikes at pace that is seen in western countries

Back to verbal intervention, Kanda was more forceful yesterday, his remarks conformed to a known pattern:

• Here's what to watch for to warn of imminent Bank of Japan (BOJ) yen intervention

• The 4 things to watch prior to Bank of Japan FX yen intervention