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Japan's Ministry of Finance unilaterally intervened in the currency markets, selling the Yen. The results showed strong swings in the USD/JPY, EUR/JPY, GBP, and others. It was the first intervention in currency markets for Japanese authorities since 2004. US stocks, which opened weaker due to some weak manufacturing reports, rallied and turned positive, helping to boost risk appetite and buying of higher yielders like the Euro and Pound and growth linked currencies like the Australian and Canadian Dollars, at the US Dollar's expense. News Provided by CMS Forex http://www.cmsforex.com Forex Market Analyst: Nick Nasad