• AUD/USD: trailing stops above .9040
• USD/JPY: solid offers 93.35 through 93.50. Heavy stops above 93.65 and 94.05
• EUR/CHF: barrier protection ahead of 1.4000; SNB expected to defend same level
• EUR/USD: BIS have been active seller above 1.2725, offers now rumoured to be at 1.2690/00. Plentiful bids towards 1.2600 but stops building just below.