A Blog of Commentary and Ideas from an FXstreet Premium Member by 
Greetings again, Everyone!
We are a few minutes after the NYSE Open, where Equities look to gain on the recent Dollar and Yen Weakness…despite solid Corrective Behavior in the Asian-Pacific Sector on the back of Rhetoric from China and Japan concerning Inflows with their own Treasuries and Equity Desks.
From purely an IntraDay perspective for our Shorter-Term Friends… in my personal view… the Pound Itself has a high-probability of strengthening out of its’ Consolidative and Corrective Activity… and the Yen Sentiment needs to be observed closely at this point.
We may define these Corrections in the larger scope of a “Bear Market Rally” Sentiment… but concerning the Yen Crosses… observance of the U.S. Equities Markets will be necessary moving throughout the Session.
Here are the Hourly Views of both Units, so give them a Click for Commentary as always.
Post-Time is 14:00 GMT.
I WILL be with you for another Update around the 19:00 GMT Hour to see where the U.S. Equities Correlations have come into Play…if at all… and we will bring GBP/JPY into the picture as well for a gauge on Pound Sentiment with the Cross as well!
