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AUSSIE BONDS

Dragged Flatter By U.S. Tsys Overnight

US TSYS

Flat Re-Open

AUD

Attempted Recovery Short Lived

AUSSIE 10-YEAR TECHS

(U1) Uptrend Weakening

AUSSIE 3-YEAR TECHS

(U1) New Contract Low

CABLE
CABLE: * GBPUSD looks like some short term positioning bailed out as we extended
higher. We traded through that 1.2616 resistance, and not seeing much until
1.2654. Doubtful will see this ahead of FOM. Regardless, further upside
moementum opens back towards 1.2682 initially.