The early rally in US equities this week was hit with a risk-averse headline when John Boehner said that he would support military action against Syria, clearing a roadblock for the President's plan to attack. The news stalled the S&P500 at the 1648 area, where it proceeded to fall back down to 1636. Will this create a further risk-off tension during the rest of the NY trading session and as we move into the middle of the week? If so, then the JPY could be a benefactor as it has been sold early this week on account of more risk seeking by investors. - Nick