The round of US Dollar short covering witnessed overnight and again this morning (Euro dipped to 1.3286 taking out weak stops) appears to have run its course. AUD/USD is back above 95 cents with the fast money crowd forced to cover their shorts. EUR/USD is just grinding away at the topside making it back above 1.3340 a few moments ago. All up hardly an inspiring session in Asia today although it is Friday and month/quarter end is closing in fast. Big gains in AUD/USD and EUR/USD over the last fortnight (near 6 and 5% respectively) will prove very inviting for those lucky enough to have been on for the ride.