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AUSSIE: AUD crosses extend losses in the wake of the publication of Australia's
labour market report. In terms of the broader picture, we await the PBoC's
announcement on MLFs.
- AUD/USD sits -27 pips at $0.6428 and has just punched through yesterday's low.
Next support at the 50-EMA/May 4 low at $0.6397/73.
- AUD/NZD trades -15 pips at NZ$1.0759, with the kiwi struggling alongside its
Antipodean cousin. Next support at Apr 28 low of NZ$1.0752, followed by May 11
low of NZ$1.0608.
- AUD/JPY trades -38 pips at Y68.71, already under yesterday's low. Next support
at May 7 low/50-DMA at Y67.63/49.