Risk trades are doing better with the S&P 500 now up 6 points to 1400. It’s a bounce but not an inspiring one after yesterday’s 30-point fall.

USD/CAD has dropped to 0.9950, hitting some minor stops. There is talk about buying interest at 0.9920/25.

AUD/USD has stalled out at the Asia high of 1.0432. Expect small buy stops above but light orderbooks above until 1.0470.