The AUD is encountering some early selling, heavy interest sitting on it ahead of the speeches due later today. Stevens may well take the opportunity to give the AUD another kick, prompting some interests to increase their selling early.
Orderboard:
AUD/USD
- Sellers 0.9450 and 0.9490
- Sellers 0.9390/0.9400
- Buyers 0.9340 through 0.9300, some stops are mingled below 0.9340 and are being eyed
–
NZD/USD
- Sellers 0.8760/70
- Sellers 0.8710/25
- Buyers 0.8675/80 (close to current market)
- Buyers 0.8600/20 and 0.8640/50