AUD/USD is off to a whippy start and is around 0.6925 after hitting 0.6960

Move higher was due to AUD/JPY buying as cross rose 0.50% at one stage

AUD/JPY is now back below Friday's close at 89.65 as buying is finished

E-minis slightly negative after being up 0.50% at the start of the session

China retail sales and IP will be out shortly and could impact AUD/USD

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