Today's Asia session saw a resumption of JPY weakness, as risk seemed to be the theme. USJPY jumped through NY highs close to the 96 handle and the Yen crosses followed suit. EURJPY was higher by nearly 100 pips from opening levels, and AUDJPY was higher by the same with some slight help from a strengthening AUDUSD. Traders looking for some profit taking following massive gains in the greenback into the closing hours of NY were rewarded in most of the majors
Ahead in the upcoming London session, traders will look for the bounce to continue.
Also in focus will be German employment numbers and UK retail numbers. The final Asian session of the week will see Japan CPI and employment numbers.
