The talk in the market is of quite heavy selling interest towards .9000 from big players out of the middle east. Quite heavy selling was seen in London overnight around .8950, thought to be option related. Dealers also expect to see the RBA show their face again if the pair starts trading towards .9000.
Australian employment numbers will be released in a little over three hours and the economy is expected to have shed about 10,000 jobs with the unemployment rate rising possibly to 6.0%.
