Today, the US dollar exhibits a mixed performance. While dollar-bloc currencies and the Scandis show slight strength, the euro and sterling are on a modest rise during European trading hours. Conversely, the Swiss franc weakens, and the yen retraces most of its gains from the previous day following remarks by BOJ Governor Ueda. He acknowledged the central bank's pursuit of further confirmation that sustainable price goals are attainable.
Meanwhile, gold trades above $2050, a level not seen since February 1 when it peaked at $2065. April WTI remains steady above $79.

Asia Pacific
BOJ officials signal a resolve to exit their negative policy rate. It appears that officials perceive the costs of the negative interest rate policy to outweigh its benefits. Consequently, the yen experiences a notable reaction to comments made by BOJ board members, with the dollar reaching nearly JPY150.70 during European trading. A close below JPY150.50 is necessary to halt the dollar's eight-week uptrend against the yen.
While the Australian dollar steadied after Wednesday's downturn, it remains susceptible to volatility.

Europe
The eurozone's preliminary February CPI estimate stands at 2.6%, down from January's 2.8%. The core rate registers at 3.1%, a decline from January's 3.3%, marking a two-year low. With the European Central Bank meeting scheduled for next week, the euro touches a marginal six-day low but maintains support above key technical levels near $1.0790.

Sterling attempts to breach the middle of its previous trading range near $1.27 but falls short, reaching around $1.2640 before sliding to session lows in early European trading below $1.2620.

America
Two types of US data are due for release today: surveys and real sector reports. Survey data include the final manufacturing PMI, manufacturing ISM, KC Fed's Services Activity, and the University of Michigan consumer survey for February. Real sector reports comprise January construction spending and auto sales.

Additionally, Canada will release its February jobs data next week, followed by a meeting of the Bank of Canada on March 6.
The US dollar trades within Wednesday's range yesterday and remains within yesterday's range today.