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US: NAHB Housing Market Index eases to 46 in February

The Housing Market Index by NAHB was expected to rise from 47 to 48 in February, but actual data points to a drop to 46, disappointing investors.

Forex: USD/JPY under narrow range, flat on the week

Despite today's weakness as investors got concerned with the open disagreement between PM Abe and Finance Minister Aso over the way forward for monetary policy and even who the next BoJ governor will be, the USD/JPY is pretty flat on the week, near the opening price of 93.72.
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