Nikkei +.75%,  HSI +1.7%,  KOSPI +1.1%

GBPUSD Range: 1.6320 - 1.6252

Brief profit taking fails to inspire a GBP rally. The rise above 1.6320 finds fresh selling interest.

EURUSD Range: 1.4983 -1.5062

Euro trades with a bid tone throughout the Asian session, resistance still though 1.5075. Asian sovereign names reportedly buyers at the lows

AUDUSD Range: .9192 - .9276

Appetite remains strong to buy AUD on dips. Australian PPI slightly lower than expected but market fails to push AUD lower. Resistance .9300

USDJPY Range: 91.58 - 92.14 

A brief test of stop losses in USD/JPY on the downside fails to test larger stops through 91.50. Short squeeze takes us up to 92.20 in thin markets.