Dealers have seen two big waves of Aussie dollar buying so far during the US session, one from a Us custodian and another led buy one of the remaining US investment banks. If you take this as a sign that risk aversion is letting up, perhaps Wall Street won’t have as bad a day as feared. Aussie trades in the 0.8080s with the US buying seen from the 0.8060s.
Along the same lines, it should be noted that USD/JPY stops are seen building above 106.00.
