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.