[10:55 am] Bryan Rich: rumor of a spanish downgrade circulating
[11:08 am] Bryan Rich: Conservatives say they will try to block the International Monetary Fund from bailing out Italy and Spain, which they say could leave U.S. taxpayers with a huge bill.
[11:08 am] Bryan Rich: eurusd diving on this
[11:09 am] Bryan Rich: audusd still a good sell, lagging
[11:10 am] Bryan Rich: support at 1.3370, the 61.8% fib of the move from Wed morning to today's highs
[11:12 am] Bryan Rich: italian yields spiking on that...giving back the days improvement
[12:11 pm] Bryan Rich: Trade idea from Goldman Sachs: they like going short audjpy ahead of this weeks prospective RBA rate cut.
[01:01 pm] Bryan Rich: from bank audusd trader: Aud has hit the overbought territory on the hourlies - sell here and risk 1.0760.
[03:08 pm] Bryan Rich: hedge fund trader: likes selling some audusd here with a tight stop above the days highs...thinks we could see some downward momentum into the RBA decision tonight.