Today's open is going to be important and the early signals are that it's going to be a positive one

Just as the yanks sit down at their desks the yen is finding some sellers across the pairs

USDJPY is testing 118.00 and the pound and euro crosses are at new session highs

GBPUSD has been in the vice like grip of GBPJPY enough times over the last few weeks and it's getting a helping hand from the cross right now

US stock futures are looking up with the S&P showing +13 at 1924. The cash open will be watched closely today