The Dubai story has traders trimming Yen cross longs. As expected the AUD has retrced back to the 9220 area, testing the strength of the buying to be done. Hearing Retail AUDJPY sales out of Tokyo has pushed down local currency. There is some small buying to be done below 81.00 but stops under 80.70 are eyed.
Other Yen crosses are also under pressure with EURJPY back towards 132.50 and GBPJPY back to 145.50.