The JPY has had a very good day, making across the board gains with the risk aversion/safe haven trade in full flow. There seem to be growing fears, that even when passed, the U.S. bailout may not be enough to turn the present global crisis round. Global stockmarkets and oil are all posting losses today reflecting this uncertainty. EUR/JPY is down just over two big figures at 151.65, while USD/JPY is down around a big figure at 105.40. Despite the very decent gains already made, further JPY gains could well be on the cards.