Asia has jumped on the bearish trail in early dealings with EUR/USD and AUD/USD dipping 30-40pips first up. There was no news of course, just a continuation of how NY closed. GBP/USD has seen a few stops tripped below 1.6050. Asia will most likely continue this bearish theme with regional stock markets to take a bigger bath than their northern hemisphere counterparts. A 6.7 magnitude earthquake in northern Japan has lifted USD/JPY a few ticks but little else at this stage.