Dealers note talk that there is AUD/USD to be bought at the upcoming 16:00 GMT fixing. Most of the activity in that pair has been on the sell side in recent weeks, so this may be another subtle shift toward normalcy returning to the markets. It could just be recognition that the RBA has helped put a floor under the Oz in recent weeks with intervention, which it acknowledged undertaking overnight in the minutes of its recent meeting.
USD/CAD selling is also rumored at the upcoming fixing, dealers say.
