USD Trading Outlook (14-04-2015)

AUD/USD
• Broad based USD bid in Europe’s morning sees sub-0.7560 trade
• Bounce sees 0.7580 into NY, macro sales of comdty ccys tests low early NY
• 0.7600 then neared; USD/JPY slide & large 0.7600 XXX the drivers
• USD rebound sees low retested, settles near 0.7580
• NAB March bus conditions & confidence and US retails sales next risks
• Oz jobs Apr 17 might keep price action tempered

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