*Consolidation between 1.0495-1.0530 sets in after Europe close.
*China Mfg PMI due this evening could cause some short term fireworks.
*Better than f/c PMI could see 1.0550/60 easily cleared.
*AUD ignores bearish signals from metals, continued focus on rates.
*Recent yield gains sustained adding to Aussie's allure.
*China Mfg PMI due this evening could cause some short term fireworks.
*Better than f/c PMI could see 1.0550/60 easily cleared.
*AUD ignores bearish signals from metals, continued focus on rates.
*Recent yield gains sustained adding to Aussie's allure.
Enlarge
