New big figure!
An active day in store for the AUD – there are 3 eco releases and plenty of post-FOMC rejigging to be done. Order book is a bit lighter-on today than normal until assessments are done in light of the new overnight information:

  • 1.0586 was the NY high
  • Light offers in from 1.0560 to 70 and then higher through to the NY high.
  • 1.0535 intitial bids on the day
  • 1.0525/30 stronger
  • 1.0495/05 stronger again