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Fresh wave of dollar demand seen adding.......>

FOREX
FOREX: Fresh wave of dollar demand seen adding weight to major FX ccy pairs.
EURUSD has witnessed a 30 pip reversal to lows of $1.1526. A break of $1.1520
should concern short-term longs, a reminder also of the $2.16bn option-expiry
for today's NY cut. GBPUSD dips back under $1.2900 to $1.2897, meeting support
from the Sep6 low &8.2% $1.2662-1.3043. AUDUSD continues its downtrend back
through $0.7100 to fresh cycle lows of $0.7097. The underlying tone remains
heavy opening a move toward option-related support at $0.7000. 

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