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US TSYS

Richer On Tuesday, Fed In View

JGB TECHS

(H3) Fades Into Friday Close

AUSTRALIA DATA

Housing Correction Remains Orderly For Now

AUDNZD

Holding Above 200-Day EMA

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Risk returned overnight following positive....>

FOREX
FOREX: Risk returned overnight following positive US-China trade headlines with
JPY crosses gaining across the board. The risk-on theme spilled over into Europe
lending further support to the majors. EURJPY led gains boosted EURUSD to
$1.1470 and targets a break of the 100-dma ($1.1476) & key 1.1500 level for the
next leg higher. GBPUSD looks set to challenge the $1.2750 area, however traders
remain cautious of Brexit headlines. AUDJPY traded above Y78 for the first time
this year with bulls targeting the Dec 26 high & 61.8% fibo of Y84.02-70.64 at
Y78.74/91. This underpinned AUDUSD's move to $0.7171, stalling just shy of the
100-dma at $0.7179. NZD sits top of the G10 pile with gains of 0.55% against the
dollar to $0.6760. Near-term resistance is seen at $0.6773 from the 50% fibo of
$0.6970-0.6575. While NZDJPY improved to Y73.65, consolidation above Y74.00
opens a move toward the 100-dma & Dec 28 high at Y74.97/98.   

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