Japan has been closed for three days and they should return with lots of trading ideas. The weak close on US stockmarkets might see some ‘risk aversion’ trading early on but with USD/JPY also starting to catch a bid tone, perhaps we might see further weakness in the majors like EUR/USD and AUD/USD into the open.

More bids at 1.4670 in EUR/USD and at .8635ish in the AUD/USD.