Most flows in crosses during Asian trade
- The AUD has been well supported on the crosses with solid demand from a number of big Asian accounts;
- EUR/JPY and GBP/JPY have seen modest selling flows, also from some of the more prominent Asian traders;
- The NZD was well bid directly after the RBNZ but AUD/NZD demand in particular was quite solid;
- Traders are expecting stops below 1.6000 in the cable.