Japanese Cash Earnings (YoY) have come in at 0% change, compared to last month with a rise of 0.2% and market expectations of -0.3%.

Flows continue into EUR, GBP and JPY, moving these markets:

EUR/USD now back around session highs at 1.2967;

GBP/USD at 1.6076, just below earlier tops,

and USD/JPY weakening to near session low at 79.58.

It should be noted that all are in admittedly tight ranges.

The AUD and NZD are maintaining their earlier gains on the back of strong building approvals in both the trans-Tasman cousins, dips are being bought with more aggression since the strong numbers this morning.