Yen trades broadly overnight on strong risk appetite, with NASDAQ and S&P 500 closing at new record highs. And it remains generally soft in Asian session. Some selling in seen in Australian Dollar after RBA minutes, but loss is very limited. Other commodity currencies are indeed trying to firm up, which helps floor the Aussie. Meanwhile, Dollar and Swiss Franc are soft together with Yen too. Technically, a focus now is on whether the up trend in stocks would extended and even accelerate, and the subsequent reactions in Yen. EUR/JPY and GBP/JPY rebounded comfortably ahead of 132.51 and 153.81 support levels respectively. Both crosses might now be heading back to 134.11 and 156.05 highs. Break there will resume medium term up trends. In Asia, at the time of writing, Nikkei is up 1.00%. Hong Kong HSI is down -0.76%. China Shanghai SSE is down -0.90%. Singapore Strait Times is up 0.77%. Japan 10-year JGB yield is up 0.0048 at 0.045. overnight, DOW dropped -0.25%. SP500 rose 0.18%. NASDAQ rose 0.74%. 10-year yield rose 0.039 to 1.501. | 