If London walks in and sees the Asian equity markets all ended lower then i am afraid we will see the lows retested in the AUD/USD, EUR/USD and Cable.
With the NFP number out tonight and the global equity markets all near or at new lows for this bear market, i cant see too many people stepping up to the plate and taking the risk currencies on board, it will more likely see more demand for USD and JPY. Unfortunately i can’t find too many positives for why the risk currencies should go anywhere but down leading into tonight’s numbers.