Many thanks to those who partook in our quick straw poll on the Aussie. Short does outweigh long but perhaps even more interestingly is that many are bearish though not yet short.
My prediction based on the excellence of ForexLive readers, is that the AUD/USD is more likely to rally slightly after the RBA (barring any unexpected surprises) but any rallies will run into grateful sellers and we’ll be back where we started at 1.0525 fairly quickly.