For what seems like months now, Asia has steadfastly refused to follow the lead from Europe and the US. Asia has, for example, sold the JPY crosses for the last two mornings despite positive overnight leads and I expect a similar occurence today, only in the opposite direction of course. The overnight sell off will probably give some profit taking opportunities.
The only fly in the ointment is the continued liquidation by Japanese investment funds of their carry trade positions. This remains an ongoing process.
Good luck today.
