US equities are up 7.5-8.0%, helping give JPY crosses a late boost after some profit-taking at midday. USD/JPY trades in the 101.20s, eying the 101.45/50 area that threw a wet blanket over a USD/JPY rally late last week. EUR/USD remains sifter than we would have expected given the strong equity bounce today amid talk of continued selling of that pair by US asset managers in huge size. EUR/USD trades at 1.3512.