USD/JPY is rebounding again after making a slightly lower session low at the 95.23 level. Important support is down at 95.10. Small stops are clustered below 95.00 traders report.

Markets are settling down with markets finding their own way at the moment. EUR/USD dips are finding buiyers in the 1.4270 region while AUD/USD remains eye-poppingly strong, trading in the 0.8425 region. News of the Chinese bid for Aussie miner Felix (A$3.5 bln) may be behind the firm tone.