Looks like the market might be returning to some semblance of normality as there are a few orders starting to return to the interbank boards.
- AUD/USD: real money offers capping overnight around .9080 through .9100. Trailing stops building above .9140.
- EUR/USD: Sovereign bids, ACBs and BIS supposedly, starting at 1.2650 through 1.2550. China looks to be playing a 1.25-1.31 range.
- USD/JPY: more stops on topside, above 93.65 and again above 94.00.
- Cable: Sovereign selling interest reported yesterday around 1.5050 and above.
I’ll report any others as and when I hear about them.