We’ve had it all this week; massive risk aversion on Monday, doldrums on Tuesday, and now risk on again on Wednesday. The JPY crosses are higher across the board and might get another push higher if the Nikkei opens strong. AUD/USD sell orders around .8290 are slowing down it’s rise but dealers expect the .83 handle to be reclaimed in early Tokyo. Cable is challenging the overnight high at 1.6585 and trailing stops are expected just above.