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AUD/USD reclaimed late morning shakeout from 0.7720 to 0.7697 session low

  • Move co-incided with Feb's soft local investment housing -3.4% vs -0.1% previous

  • RBA/APRA no doubt welcomes, owner occupied +1.2% m/m  vs +3.0% f/c

  • Dormant Mar Sino PPI -4.6% y/y, CPI+1.4% y/y, iron ore -3.4% primed p/taking

  • 0.7739 o/n top slated re, bias stays higher as carry trade theme take grip 

 

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