We can expect more volatility during the Asian trading session and the major event-risks are likely to come from further statements/reports regarding the state of the US banking system. Trading straight USD pairs is likely to be fraught with danger so in these types of markets I prefer to pick one or two cross pairs, decide on an intraday trend or possible range, and then trade accordingly. When the USD is moving around fast, the crosses can tend to overshoot in one direction or another, giving excellent trading opportunities.
I will study the JPY crosses throughout the morning and pass on anything I see.
Good luck today.
