The AUD remains a little heavy as traders close out positions ahead of what should be a quiet weekend. The main risk of course is that China may decide to hike rates over the weekend and that is why traders are reticent about being overly long. Technical support/resistance in the AUD/USD on the hourly chart is at .9860/.9910.

Elsewhere the majors are in fairly tight ranges, within 10 pips of their NY closing levels.