The majors and the JPY crosses have all steadied after the sell off a couple of hours back and have started to try and make some headway once more. Lines in the sand seem to have been drawn at 1.3410 for the EUR/USD, 99.45/50 for the USD/JPY, 0.7125/30 for the AUD/USD and 70.90 for the AUD/JPY.

Just noticing that Tokyo has rebounded from the sell off after lunch and is currently trading up 0.5%.

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