AUD/USD
• Rally in Europe’s morning sees 76.4 Fib of 0.7939-0.7534 hit
• Ends up the high and drifts lower into NY open, more weight added in NY
• Broad USD rally ensues post-CPI AUD/USD spikes down then drifts to 0.7646
• No further losses as USD gains erode, lift ~0.7780 late in day
• Gains likely tempered by AUD/NZD slide to 1.0110
• RBA minutes, Stevens speech & Oz CPI risks next week
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