Local interbank dealers are mildly bearish this morning although no-one is expecting any big moves before the jobs data is released in about 3 hours time. Bids are noted near 1.0180 and sell orders are solid above 1.0280, but it’s unlikely that either end is threatened before the number. AUD/JPY is also generating a lot of interest with the market glued to support lines above 79.30, which if broken are expected to trigger heavy selling.
