US$Jpy has done a large about-turn today and now looks as though it could head higher. The Yen crosses also look a lot healthier and buying dips in both AudJpy and EurJpy may be the way to go. The US$ actually looks in general good health for once, and I like to buy dollars against the Chf right now, while the Aud$ also looks set to remain under steady pressure. The move lower in stocks has taken a breather although I think there is still plenty more to come in this decline, however, given the thinning liquidity ahead of Easter I would not be overly enthusiastic about running too much risk into the holiday. Have a good break.
No trade ideas today