AUD/USD ... Macquarie have downgraded their forecast for coking coal and iron ore, as did ANZ earlier. MBL downgrade iron ore price by 10 to 15% and coking coal by by 10%
Also, eyes on China again today, as has been the case lately.
Orderboards:
- Sellers 0.7015/20, and layered higher through to 0.7100
- Buyers 0.6990 and around still, stops below 0.6980. Buyers again 0.6950
Currently 0.6995
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NZD/USD
- Sellers 0.6305/10, stops above, sells again 0.6335/40
- Buyers 0.6230 and 0.6200
Currently 0.6275
