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AUD is recovering, Risk On is helping

USD
  • AUD was the worst performer overnight, printed its worst level in the past 8 sessions, but AUDUSD has recovered to test session high, seemingly taking its cue from the break higher in US Emini, as the US Index future now eye 5588.00, the contract high.
  • At current level, the SPX will be set for a new record high when it opens later.
  • USD falls to sessions lows against the CAD, INR, PLN, THB, CZK, SGD, AUD, while the GBP and the EUR are recovering to edge to their respective highs, led by the just mentioned Equity move.

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