SECURITY: Trump On NATO Via Truth Social

Following are the Instant Answers for the Bank of Canada interest-rate decision due Wed at 945am EST:

• Target for overnight rate: 
• Does the Bank signal it is prepared to lower rates in the future?
• Does the Bank signal it is prepared to raise rates in the future?
• Does the Bank say the policy rate appears appropriate if its economic forecast is realized?
• Does the Bank signal it intends to leave rates on hold? 

JPY selling goes through on the back of reports of an earthquake warning issue off Aomori in Japan, reported to have hit the prefecture and triggered a shaking intensity of 6 on the scale of 7.

• NHK reports the earthquake has an initial magnitude of 7.2, with an accompanying red tsunami warning: Tsunami height is expected to be up to 3 meters (9.8 feet). This indicates a "High" threat where low-lying areas will be flooded and buildings damaged.
• USDJPY rallies to touch 155.74 on the headlines, hitting a new intraday high in the process. This puts prices through 155.70 to expose 156.12, the 50% retracement of the downleg posted off the mid-November highs at 157.89.

• EUR: 13% (below pace).
• GBP: 36% (above pace).
• JPY: 32% (above pace).
• CHF: 29% (above pace).
• CAD: 9% (below pace).
• AUD: 25% (above pace).
• NZD: 19% (above pace).
• SEK: 35% (above pace).
• NOK: 21% (above pace).