Just reading some flow information from BOFA in the FXWW chat-room which suggests that hedge funds are getting back on the Yen bear trade.

The AUD has also come in for some attention from the professional trading community, with longs in the futures market at 1-year highs, and BOFA report selling across the board from its clients.

The persistent buying of EUR by real money, corporate and official accounts has also moderated.