Not too long to go now until the Reserve Bank of Australia announcement from their policy board decision today
Preview is here
We've just had a bit of a spike move in the AUD/USD over the past half hour or so, up 0.7858, then back to just under 0.7845.
Its tempting to read implications into the move.
My take on it is pre-announcement jitters. The market is short. There are more stops above 0.7860, and more up to 0.7875.
It could be a bumpy ride into 0430GMT!
