- The lows under 1.03 were rejected again today.
- There are exporter bids below 1.0300, layered on downside and into bids from offshore players around 1.0250
- Topside sellers around 1.0350
- AUD/JPY buyers 96.00 to 96.25
- Friday sees the release of the RBA’s Statement on Monetary Policy – this will be keenly examined for clues as to a March/April rate cuts.
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