Got risk?

Risk trades have advanced another leg higher, pinning another 10 pips to most pairs.

• EUR/JPY broke through 97.00 to the highest levels of the week.
• NZD/USD has cleared offers up to 0.8165 and AUD/USD has cleared a 1.0550 barrier.
• Cable is not edging into offers at 1.5605/15.

At the end of the day, the story is the broad weakness in JPY with several important levels cleared out.