Australian current account balance data due in 15 minutes
I can’t imagine that this data will make good reading although the market is expecting an improvement from last month’s -A$15 billion. Forecasts are generally around -A$9 billion.
AUD/JPY has eased a bit this morning and is currently trading around the important pivot at 97.00.
So I was rite about the aussie. I said inclination is towards upside and still think the same after last night’s horrible data from US. Buy eur/usd and aud/usd on dips