AUD: Goldman Sachs and Blackrock report overwhelming bearish conviction
Two of the more recognised names in the financial space are saying that basically 100% of everyone they deal with is bearish AUD, but not all are short yet.
Tells me that we will have a few more down sessions before the inevitable short-squeeze!
Looks pretty steady at .9510 in early Europe but should get a lot busier around the time of the NFP. I still fancy a .9400/.9750 holding range.