The US ends with a straight-up risk on day — AUD and NZD led; JPY and USD lagged.
The only data points that might shake things up, and that’s a big might, are Australian building approvals and trade balance, both at 0030 GMT. Approvals are expected up 2.0% in Dec, the trade surplus at +A$1200m .
Some levels to watch:
- USD/JPY 76.03 (the overnight low)
- EUR/USD 1.3219 and 1.3146 (US session high/low)
- AUD/USD 1.0700/1.0694 (US session low)
- EUR/CHF 1.2032 (yesterday’s low came in Asia)
- Gold $1750 (it’s been tough to break for any sustained period)
Sean is off today.
