USD – wage growth picking up, job market strongest in nearly a decade, bullish for USD, buy dips
AUD – can’t cut rates for it would carry risk that extra debt would outweigh additional economic benefits, domestic data not encouraging, but cannot do fiscal policy for fear of losing AAA.
So it is a buy, or neutral for AUD
JPY – holding yields low despite rising yields,
Improved economic outlook, but continue to maintain monetary base expansion until 2% inflation target
So sell yen
GBP – PM may said it could cover EU funding after leaving EU, also lowering the risk of a scottish referendum, as they want to keep access to the single market.
EUR – sell rallies on accomodative stance
CAD – buy dips, no change in news saying there is excess supply from oil, or signs of non compliance
US economy doing well, wage growth picking up, job market strong.