Dollar and Yen underperformance has been the main theme so far today, heading into the London interbank open, especially the Japanese currency, which is showing a 0.3% decline versus the Dollar, a 0.4% loss to the Euro and Australian Dollar and a decline of 0.5% against the Pound and Canadian Dollar. USD-JPY posted a four-session high of 111.48, while EUR-JPY has logged a three-session peak and AUD-JPY a two-session high.