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AUD Leads G10 Pack, Volatility Subdued

FOREX

The AUD leads gains in G10 FX space at the margin, with AUD/USD testing yesterday's high in a tight start to the Asia-Pac session. Australia's quarterly NAB Business Confidence is due at the bottom of the hour.

  • AUD/NZD has ticked away from NZ$1.0425, which limited losses on Tuesday & Wednesday. The rate yesterday extended its losing streak to six days in a row.
  • The Norwegian krone sits at the bottom of the G10 pile, even as Brent futures hold slightly above neutral levels.
  • U.S. weekly jobless claims, EZ consumer confidence and comments from Fed's Waller, ECB's Visco & Riksbank's Breman take focus later in the day.
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