Forex Flash: Heads up on market holidays - Wetpac

With AUD/USD currently down about -0.68% for the week so far since previous weekly close Friday, the pair is trading at 1.0251 bids near session and fresh 3-month lows, ahead of NAB business confidence in Australia, only risk event for the Asian session, in a day with China closed for holiday again. As FXWW Sean Lee notes: “AUD sentiment remains quite weak and its losing ground again against the EUR and the NZD but barrier protection at 1.0250 and AUD/JPY buying are providing support.”