AUD/EUR: The Australian Dollar lost out to a continued bout of US Dollar strength, for the 6th straight session. A lack of any supporting data this side of the world didn’t help, whilst a positive US Consumer Confidence number and the market positioning themselves ahead of Fridays all important Non-Farm Payrolls ensured the selloff. Our focus will be on Chinese Manufacturing today, but is not expected to move the market in any sizeable fashion although may halt the slide for now. This evenings ADP report carries the greater weight, but again shouldn’t overly move the market as we wait for Friday. On the charts we sit at the lower end of the 2+ month range and expect that to hold for now. Exporters should be looking at their USD account balances.