And the aussie recovers some poise on the headline here
AUD/USD makes a quick trip higher from 0.7100 to 0.7127 on the back of this headline here. The 200-hour moving average at 0.7119 is key here. If buyers get back above that, it's a good platform to build on a further retracement.
As for the headlines itself, this is fast turning into a real circus. I'm not even sure what to believe at this point myself. I reckon there is some truth to the Reuters report earlier but just that the information is yet to be made official.
