The Financial Fixed Odds update from David Evans, Market Analyst, BetOnMarkets.

 
So far today, the Asian session has seen renewed strength in the Yen after it took a beating in the second half of last week.

No prizes of guessing which currency is the being hit the hardest against the resurgent Yen, yes the British Pound is once again the morning’s weakest currency.

The GBP/JPY is down 0.72% with the GBP/USD down 0.36%.

The Euro is faring little better against the Yen with the EUR/JPY down 0.5%, but it is the Pound with the broadest base of selling again.

Away from the Pound and New Zealand Dollar, the US Dollar is showing only mild strength against the likes of the Australian and Canadian Dollars.

No top tier economic announcements are due today, but UK trade balance due at 09.30 could have a greater effect on the Pound than usual.

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