Not a lot seems to have happened overnight with the USD making modest gains across the board except against the GBP. We’ve had a few quiet sessions here in Asia since the big volatility on Tuesday morning and I expect today to be another quiet one.
I’m sticking with my sell-rally plan in EUR/JPY, I still fancy that cable will close last Friday afternoon’s gap to 1.5250, and the AUD should stay well supported on dips.
Japanese CPI and unemployment data on the economic calendar usually don’t create any ripples.