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MARKET INSIGHT

Price Signal Summary - EURUSD Bear Flag?

PORTUGAL T-BILL AUCTION RESULT

3/11-month BTs

GERMAN AUCTION RESULTS

New 0% Aug-31 Bund

SHORT-STERLING OPTIONS

Vol short cover

AUSSIE
AUSSIE: AUD continues to grind higher, managing to rise just shy of 0.4% from
the session lows and now sits back above the 50DMA at $0.7826. A break above the
day's highs of $0.7839 would open up a move toward the Fev8 high at $0.7843
before the 61.8% Fib level of the $0.7910-0.7759 move at $0.7852. With little on
the calendar, markets may be more focused on position squaring ahead of the
employment report early Thursday morning - the first major macro event of the
week for Australia.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com