- EUR/USD traded to highs at 1.3748 in very thin early interbank trade;
- EUR/JPY stops were triggered above technical resistance (61.8% retracement) at 141.00;
- CHF/JPY continued on its vertical path with no-one quite sure what’s behind it;
- AUD continued to exhibit weakness on the crosses, led by AUD/NZD and EUR/AUD;
- AUD recovered for a short while after the USD/CNY was fixed at record lows but the sellers soon returned;
- WSJ Hilsenrath says that tapering is becoming an increasing possibility;
- NY Times disagreed, saying tapering still months away.
