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FED

StL Fed Bullard on CNBC

COPPER TECHS

(U1) Clears Trendline Support

LATAM

USD/BRL Stable Above 5.00

US EURODLR OPTIONS

Overnight Trade Highlights

EURIBOR OPTIONS

Broken put fly

AUSSIE
AUSSIE: Despite briefly trading above the 100-DMA & $0.7300 level on Wednesday
and Thursday, the risk averse theme & lack of upward movement in the RBA's
longer-term inflation forecasts has allowed AUD/USD to retrace to the $0.7200-50
area.
- AUD/USD last $0.7216, 10 pips lower on the day, after a recovery in risk
appetite had lent some support earlier in the session, before the latest bout of
modest pressure via broader USD strength was applied.
- Immediate support is located at the November 07/06 lows of $0.7213/05, with a
break opening up touted option related support at the psychological $0.7200
level. Bulls need a break above the 100-DMA of $0.7263, with the $0.7300 level
growing in importance.
- AU focus this week moves to domestic labour market data, wage prices,
inflation exp., biz/consumer confidence, as well as an address from RBA Dep.
Gov. Debelle.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com