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Repo Reference Rates


EURUSD is through session low


(H2) Corrective Cycle


BLOCKs, March 10Y Put Spds

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Aud/Usd: European open $0.7575,......>

AUSSIE SUMMARY: Aud/Usd: European open $0.7575, range $0.7554-80, NY open
$0.7564, range $0.7562-0.7640
*Soft US Core CPI witnessed the rate spike to fresh session highs of $0.7603
before fading towards $0.7595.
*As commodities continued to rally and the greenback lost more ground, with the
rate rallying to fresh session highs of $0.7605.
*A further wave of dollar pressure across the board, as US Tsys yields
fell further and commodities continued to rally, the rate printed a fresh
session high of $0.7616.
*The greenback comes under immediate pressure following the rate hike by the
FED. The rate spiked to fresh session highs of $0.7626 before fading.
*A somewhat dovish tone by Yellen in the Q and A witnessed a fresh wave of
dollar sales as the rate spiked to fresh session highs of $0.7640.
*The greenback started to pare back some of its losses into the NY close as the
rate slipped towards $0.7625. 
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