Morning Bid: Yen down on everything but the dollar

By Wayne Cole (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. A 1.6% bounce in the Nikkei has led Asian shares higher so far today as the yen skids on pretty much all the major crosses. Since the threat of intervention has capped the dollar at 152.00 yen, investors feel safe in selling the yen against everything else. Even the Canadian dollar reached a 16-year peak versus the Japanese currency, helped in part by the recent sustained rise in oil prices. It’s not just oil. Copper has reached a 13-month peak and…