Yen's selloff accelerates today as US stocks are set to stage a rebound after the long weekend. For now, Euro is the strongest one with help from rebound against Sterling and Swiss Franc. It's followed by Canadian Dollar, which is supported by slightly better than expected retail sales data. On the other hand, Kiwi and Aussie are the weakest one, following Yen. Technically, CHF/JPY's rally continues today and breaks through 61.8% projection of 127.48 to 137.77 from 134.00 at 140.35. Next target is 100% projection of 144.29. USD/JPY's break of 135.58 indicates up trend resumption. Now focus is on 144.23 resistance in EUR/JPY and 168.67 resistance in GBP/JPY. Break of these levels will also confirm resumption of recent up trends. In Europe, at the time of writing, FTSE is up 0.45%. DAX is up 0.33%. CAC is up 0.86%. Germany 10-year yield is up 0.031 at 1.780. Earlier in Asia, Nikkei rose 1.84%. Hong Kong HSI rose 1.87%. China Shanghai SSE dropped -0.26%. Singapore Strait Times rose 0.68%. Japan 10-year JGB yield rose 0.0032 to 0.236. | 