AUD/JPY is emerging as the punters trade of choice and with the Nikkei down 2% and no sign of any significant Toshin demand, the sellers are out in force. AUD/USD broke below the overnight low at .8960 on its way to a low thus far at .8940 and USD/JPY also broke below 90.45 but has failed to follow through significantly. Some s/t consolidation is not setting in.