Not sure what the catalyst for the spike in Aussie is but traders report stops above 1.0100 were triggered on the move. Offers are seen on the order board toward 1.0140/50, we hear. USD/JPY is rallying sharply as well, suggesting a rogue AUD/JPY order hit an unsuspecting market since most risk assets are trading quietly, and not providing the spark for a rally. (full story)