- Comments from the ECB’s Liikanen that interest rates could still go lower has had no effect on the EUR this morning with the EUR/USD opening the week quietly around 1.3800;
- AUD/USD is trading around .9080 with HSBC flash China manufacturing PMI the main event on today’s calendar;
- USD/JPY is still stuck near the middle of its 200 pip holding range, presently trading at 102.15.
I’m still quite bullish and quite long on the AUD/USD, with long EUR/GBP on dips also looking like a reasonable risk-reward play.
Have a great week.