AUD$ soft in NY -0.73% at 0.6224; NorAm range 0.6235-0.6216

Pair remains soft amid UST yield rise; higher Fed 2025 rate view

Liquidity issues owing to Boxing day and yearend keep flows light

Aussie continues to be punished as RBA rate expectations soften

Pair down 4.5% for December, most weakness occurring after RBA dovish shift

LSEG's IRPR indicates a tad more than 1-cut in Q1, -74bp by Dec 2025

Commodities mixed, oil -0.3%%, copper +0.34% tempers the dip

Supt 0.6216 Thurs low, 0.6199 Dec 19 2024 low, 0.6170 Oct 14 2022 wkly low

Res 0.6253 Thursday high, 0.6277 falling 10-DMA, 0.6340 Dec 18 high

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