Lift off in yen pairs
USDJPY has broken through 114.00 and now has it’s sights on the 2017 highs around 114.30-50
Yen pairs are on the rise as GBPJPY breaks up through 150 to 150.45, as much helped by the GDP report too. EURJPY has broken up through 134.00, GBPUSD up to 1.3185.
The only currency not doing anything is EURUSD, which is ensconced around 1.1760/70.
Risk is picking up and US 10 year yields are helping too as they push up to 2.45%