There may be arguably only one to be aware of on the day, as highlighted in daring beneath.
That being for AUD/USD on the 0.6700 degree (sure, 6-7~~~ ¯_(ツ)_/¯). The pair has been flirting with a firmer break above the determine degree because the finish of December buying and selling. And immediately, it seems to be like consumers may be getting that added impetus to push for a breakthrough. That may see the pair rise as much as the best since October 2024, with little standing in the best way of a possible retest of the 2024 highs simply above 0.6900.
A softer greenback and extra optimistic danger urge for food continues to strengthen the momentum, so the expiries might act as a flooring in case we do see some mild promoting within the session forward. The important thing hourly shifting averages round 0.6691-94 at present may also add one other layer close to the expiries to supply some assist for worth motion.
In any other case, the pair ought to keep underpinned on the day with little else to actually distract from issues earlier than the Australia month-to-month CPI information tomorrow and the sluggish drip of US labour market information earlier than the non-farm payrolls on Friday.
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