Plenty of selling in gold thus far in the Asian morning, to under USD1230 as I update

No specific gold-related news (that I've seen).

  • EUR has been a big beneficiary of buying - it accelerated after French debate over, Macron wins
  • EUSD/JPY has bounced from its earlier slide under 112.5o USD/JPY under 112.50 ... USD/JPY & EUR/JPY orderboard

Put those two together and you get a big jump in EUR/JPY, around 121.25 as I update:

AUD and NZD on session lows (against the USD) ... re the AUD: RBA March meeting minutes: Rising AUD would complicate economic transition