With Japan markets out for a holiday today (National Foundation Day), liquidity is diminished in the Asian timezone today. Hasn’t stopped a bit of a pop for AUD, EUR, and GBP. The AUD is higher after the release of local data a few minutes ago, with business confidence notably improving: National Australia Bank business confidence for January: 8 (prior was 6) Australian housing finance for December: Home loans -1.9% m/m (expected +0.7%) Australian House Price Index: 3.4% q/q (vs. expected 3.0%) AUD orderboard is here - we are approaching offers around 0.9000 but there are stops above 0.9005. It will take some time, ... (full story)