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Spain Apr Retail Sales (YoY): -4.7% vs -8.9% (Mar)

USD/JPY 102.50/101.90 range

USD/JPY rose significantly on better consumer confidence out of the US yesterday. A 5yr high number took the pair out from the doldrums of 101.90 to 102.50 over the course of the afternoon in the European session.
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GBP/USD bouncing to 1.5045/50

The sterling is following its European counterpart on Wednesday, attempting a rebound to the area of 1.5045/50...
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