AUD – buy dips once, narrower than expected budget deficit, AAA rating kept, budget assumes lower commodity prices.
But upside is limited
JPY – BOJ expected to upgrade economic outlook tomorrow, stronger yen. Eyes less new debt in financial year 2017/18 buy dips
USD – buy dips, fed rate hike, and future rate hike expected to keep prices supported
GBP – scottish plans to remain in single market (bullish) heightening speculation of independence vote (bearish, but nothing concrete yet)
UK may try to stay in EU customs union like turkey (bullish)
CBI forecast that UK will be given a big boost as almost every part of the private sector hires more people in the next 12 months.
EUR – accomodative ECB, means sell rallies are preferred
CAD – Buy dips as no new non compliance supply issues have come up.