Quiet in Asia apart from few stop-loss runs
- Gold triggered stops below $1300 as USD bulls return ahead of NFP
- USD/AXY also busy with solid demand reported across most regional currencies.
- AUD/USD stops triggered below prior lows at .8910 after low PPI readings.
All about the NFP lottery tonight and the fact that the USD bounced back so strongly after MSCI-related selling earlier in the week is certainly impressive. Looks like the market wants to buy the USD so bears should keep their stops tight.