- AUD business confidence fell slightly by 1pt in Q2 but could be considered as resilient taking into account the tough budget in Q1. Business conditions rose by 1pt in Q2, an improvement from the previous Q1 reading which remained flat. AUD/USD remained steady and currently holds above 0.935 support.
- NZ consumer confidence increased for a 2nd month; Kiwi dollar continued to sell-off across the board and has been one of the best movers of the week so far and certainly made the Asia sessions more interesting.
UP NEXT: 
- EUR Core / CPI y/y are revisions from the 'flash' estimates so we tend to see less deviations away from the flash estimate itself. That said any surprise revision should see EUR pairs move out of current ranges.
US Employment has continued to blossom so there would be a general expectation for this trend to continue tonight with Initial and Continuing Jobless Claims. Housing Data is also released at the same time (Building permits and Housing Starts) so for a clean bullish move we would require all data to come in or above consensus. A mixture across the board should result in whipsaw price action. Due to the bullish structure of recent dollar gains, modest shortfalls in tonight's data may see some profit taking but nothing too alarming towards the near-term bullish structure.
TECHNICAL ANALYSIS:
EUR/USD: Intraday trend still stays down
USD/CAD: Overall still bullish but seeking deeper pullback