The rumor mill is turning over at an amazing pace today. On the back of the Lehman rumors, Washington Mutual has joined the fray with talk that the firm may be in the sights of JP Morgan. Consolidation in dire times of liquidity and falling revenue forecasts may not sit well with equity traders in the long-term, but for Forex traders this news points to relief for the battered carry trade. With little time left in the active Friday session, traders will certainly keep on top of the financial headlines this weekend to see if they should expect a surprise gap from the USDJPY and other yen crosses Sunday afternoon.