Some big moves are underway in the crosses with the AUD and NZD remaining strong in the short-term and likely to stay that way. The CAD is threatening to join in and it’s interesting that they are ignoring moves in the precious metals.

I’m still long AUD/USD and see no reason to change my view just yet. I have raised my partial take-profit order slightly from .9290 to .9330.

Not much of note on today’s economic calendar and we will depend on end-of-Japanese-financial-year flows for volatility.

TGIF.