Some well-connected traders in the FXWW chat-room are speculating that even better connected types were behind the overnight USD sell-off! With the latest Fed minutes due out tomorrow, perhaps someone’s heard a whisper?

USD/CAD support levels near 1.0900 are looking crucial and I’ve got a bullish trend-line and previous daily lows coming in on USD/JPY near 101.20. A break below these levels and the USD sell-off will start picking up more momentum.