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AUD and JPY are the early movers

CROSS ASSET
  • Couple of currencies are seeing some small extensions since the EU cash Govie open.
  • The AUD remains towards session high against the USD, EUR and JPY, while the Yen test session low versus the USD, EUR and AUD.
  • Risk finding some early support is helping, and market participants have also faded some of the big moves in Rates.
  • Estoxx futures (VGU2) is testing session high, and targets Friday's high at 3470.00.
  • AUDUSD tested its lowest level since June 2020 on Friday, and small resistance moves down to 0.6869 initially.
  • Focus for the Aussie turns to the Rate decision Tomorrow.

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