 Yen is back as the worst performer on improving risk sentiment and rising yields. Dollar is trying to rally in early US session following rise in treasury yields. But strength is mainly seen against European majors and Yen only. Canadian and Australian Dollars are resilient so far. In other markets, Gold is largely staying in familiar range. WT crude oil is extending recovery, back above 113 handle. European and US stock markets are likely extending near term rebound. Technically, Yen crosses will come into focus today. CHF/JPY has already resumed recent up trend by breaking through 141.86 resistance. Next target is 100% projection of 127.48 to 137.77 from 134.00 at 144.29. EUR/JPY and USD/JPY could follow by breaking through 144.23 and 136.70 resistance levels respectively. In Europe, at the time of writing, FTSE is up 1.23%. DAX is up 0.75%. CAC is up 1.16%. Germany 10-year yield is up 0.083 at 1.631. Earlier in Asia, Nikkei rose 0.66%. Hong Kong HSI rose 0.85%. China Shanghai SSE rose 0.89%. Singapore Strait Times rose 0.09%. Japan 10-year JGB yield dropped -0.0039 to 0.234. | 
