Some USD strength is weighing on currencies in the Asia morning, AUD/USD and NZD/USD are both down off their highs.
CAD is lower also, EUR/USD ditto. Cable off a touch also.
USD/JPY offers ahead of 113 are not helping the AUD/ and NZD/JPY
- Japanese exporters sellers of USD/JPY ahead of that big figure and its leading to cross sellers coming in also.
AUD/USD has been sideways since Friday when we highlighted the 0.73 down trend line, and its at it slowest for the week now.
This earlier was not a positive for the Australian dollar:
You can expect more of this as US tariffs bite.