The AUD has bounced back after the losses sustained on Friday night last. Once again it was a case of risk off before the weekend and re-buy when the the new week starts. Most of the other majors are exactly where we left them yesterday after quiet trading sessions both in Europe and in NY. Japanese unemployment and industrial production data are unlikely to have much impact and with most end-of-financial-year business now complete, I’m expecting a relatively quiet session.

Good luck today.