Investors will have to look towards risk proxy currencies for some joy (CAD, NOK and AUD).
The AUD will continue to trade in line with investor risk appetite in the short-term.
It was no surprise to see the AUD wobble, despite global risk on the uptick.
Aud 5 plays and charges any Lightning iPhone or iPod at the same time.
Aud 5 features a streamlined silhouette, making it the perfect addition to any bedroom or living room.
Lightning power solutions are currently available and Aud 5 will be available at select retailers in May.
This easing expectation has both model and macro funds considerably short AUD.
FORBES: Choked By Options, The Euro Eases As It Awaits A Catalyst
Fortunately this includes (in addition to USD) the EUR, GBP, JPY, CHF, CAD, AUD, NZD and even the Norwegian, Swedish and Danish currencies.
The Aud 5 is Bluetooth-enabled for wireless music streaming, and also features a 3.5mm auxiliary input for a direct connection to almost any audio device.
The EUR would likely outperform GBP, while AUD comes under pressure.
Since the announcement, the AUD is off the boil after the Reserve Bank of Australia comment that the February employment data is subject to some statistical error.
Antipodean price action again dominated most of the boring forex range session, just like the AUD had done the previous night after the surprise Reserve Bank of Australia rate cut.
Tilting away from CBanks and focusing on reserve currencies, apparently the IMF is considering using the twin commodity currencies of CAD and AUD in its list of reserve currency pairs.
The second, while the RBA reiterated that AUD has remained high, it moved its comment on AUD to the last paragraph this month, signaling perhaps a cut is aimed at the currency more than before.
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