Where are the AUD buyers?

The Australian dollar is limp despite better risk appetite. Months ago, the aussie was at the vanguard in any risk rally, now it’s falling off the rear.

Offers at 1.0275 easily beat back the post-NFP rally and you have to be skeptical of a currency that can’t rally on good news.

There is some talk of selling interest related to a 1.0250 strike at the top of the hour so keep an eye on the clock.