AUD and NZD up over 0.5% against the USD while the CAD is up 0.30%

AUD/USD leading USD lower in thin trading where USD short-covering is noted

Small stops above 0.7085 have been triggered to a high at 0.7095

It is settling around 0.7085 after offers above 0.7100 discouraged buyers

E-minis are up 0.20% - which may be giving risk currencies a bid tone

AUD/USD resistance is at the 10-day MA at 0.7179

RBA decision later today could spark some volatility

Market has fully priced in a 15 BP hike to 0.25% and a hawkish statement

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