The pair opened this morning at $0.9274 after a $0.9261 to $0.9282 range in the US overnight. It held around $0.9270 in early dealings, marking out an initial $0.9263 to $0.9282 range this morning. There was little in the way of major data to inspire the aussie today other than Q1 PPI, and with Chinese markets also closed today, aussie-dollar unsurprisingly stayed range-bound as attention remains on US jobs data tonight and RBA rate decision next week. The rate continued to hold around $0.9268 after themorning’s data releases were done, and was last at $0.9275. Aussie-dollar is seen needing a move back through $0.9300 ahead of any attempt at those reported offers and stops at $0.9320. Demand meanwhile is seen down at $0.9250, more bids and stops then at $0.9225/20.
