Stocks are turning around both in the states and Europe and it’s helping USD/JPY push up into 99.60.

The Dow opened marginally down and is now up 47 pts. European stocks are edging back from the lows although ranges have been tight today.

Cable is looking like it’s got vertigo again at 1.5600 and I’m taking a very small short here with a 20 stop.

EUR/USD is doing nothing in a 20 pip range.

AUD/USD is striding on breaking 0.9175 and is looking at 0.9200

NZD/USD breaks 0.7900 and runs up to 0.7913