AUD/USD had a brief look below 0.9850 a few moments ago but ran into a few small bids. Nothing special and the pair looks like it will continue to head lower. AUD weakness is now weighing on USD/JPY through the AUD/JPY cross. USD/JPY traded down to 81.90 and looks very weak. EUR/USD and GBP/USD have held up reasonably well no doubt thanks to to AUD selling against the crosses. This move looks like it is in its infancy. The Shanghai Composite ended down 5.2% with US Dow futures already down 1.0%.