The Australian dollar is still 70 pips above pre-Fed levels but it’s well off the 0.9430 high of the day and trading at 0.9393.

Bids at 0.9380, 0.9364 and near 0.9350 but nothing in large size. Better demand at 0.9320 and stops below 0.9310.

Strong offers at 0.9450 may have given the bulls pause earlier today.