After yesterday’s early London (very early London) AUD slide, the topside of the orderboard is a little bare, I’m hearing sizes smaller than normal:

AUD/USD

  • Sellers gathering 0.8880 through to 0.8900, some around 0.8925 then 0.8950
  • Buyers still 0.8840/50, stops building below 45, buys again 0.8800/10

Currently 0.8874

NZD/USD (watch out for possible Fonterra headlines today)

  • Sellers …. mmmm … I mentioned the Aussie board was thinner than normal, ditto for NZD … Sellers 0.8130 through 60, then 0.8180/00 of better size
  • Buyers, some still around 0.8095, then 0.8075 and 0.8050

Currently 0.8110