AUD update – sovereign names buying

By: Eamonn Sheridan

Just a few itmes to add to this morning's orderboard for the AUD: Buying of both EUR/AUD and EUR/NZD weighing on AUD and NZD today Sovereign demand for AUD/USD on any dips -- AUD orderboard from this morning is here Wage growth in line with expectations (NAB's view of restrained wage growth giving the RBA scope to cut again, if needed) Job vacancies improve Westpac Leading Indicator details