Earlier Cable was forming a rising wedge into a resistance area on the very short time-horizon charts. Its since fallen a little lower, so nice pips there in a very tight market.

Next up are Australian Building Approvals. The AUD has been very reluctant to follow the EUR, the GBP and the NZD in ticking higher this morning in Asia, which suggests there are better offers around. Watch the results of the Building Approvals figure for a catalyst in the AUD.