Liquidity isn’t great in the market at the moment so relatively small flows will move the market. Interest is also pretty low, especially given the upcoming US holiday and the usual long weekend. AUD/USD is up at .9720 from earlier lows at .9680 with modest profit taking after a week of losses the most common explanation (why do all moves have to be explained?)
By the way, safe travelling to all our US readers on their way home for the big Thanksgiving celebrations. Hopefully there’s no Turducken involved!
