USD/JPY is up to the test the drop though 101.50 by surging to 101.45 and EUR/USD is running back up through 1.39 to 1.3912.

US stocks have opened on a positive footing so far with the S&P testing the old resistance level at 1850 and US 10’s have seen yields come off the lows at 2.61% to 2.66% highs, currently at 2.65%.

Gold doesn’t care too much and is 4 ticks off the highs seen at 1388.

As I mentioned earlier, take care not to get sucked into anything too far ahead of the weekend and be wary nearer the European close.