USD/Asia is higher across the board and the USD is also having a good session against the major currencies, with the obvious exception of the rock-hard Swiss Franc. USD/CAD has even moved 30 pips in Asia, a seldom occurence, but it shows that the general market sentiment towards the greenback is improving. The USD has probably been overtaken now by both the EUR and the JPY in the ugly contest, in the short-term at least.

The oil price is also lower by around 1% this morning and this will also be giving the USD a modest boost.