Dollar is making a strong come back in Asian session today, as 10-year yield powers up to 1.85 level. Yen is under some selling pressure after BoJ stood pat as expected, and delivered little surprise other than upgrades in inflation forecasts. But Aussie and Kiwi are currently the weakest one. Canadian Dollar, on the other hand, in the second strongest, with WTI crude oil extending recent rise to 85 handle. European majors are mixed with Sterling having a slight upper hand. Technically, Yen crosses are displaying a mixed picture. AUD/JPY and NZD/JPY look rather weak after initial post-BoJ spike. EUR/JPY and GBP/JPY also lack momentum to get through 131.39 and 157.74 resistance levels respectively. While USD/JPY's rebound from 113.47 accelerated, we're not expecting a break of 116.34 high soon. So, it looks like Yen crosses are to be avoided for now. In Asia, at the time of writing, Nikkei is up 0.45%. Hong Kong HSI is down -0.14%. China Shanghai SSE is up 0.94%. Singapore Strait Times is up 0.22%. Japan 10-year JGB yield is up 0.0051 at 0.151. US 10-year yield is up 0.051 at 1.843. | 