AUD review

A fresh spill for the U.S. currency and the Reserve Bank of Australia's (RBA's) apparent shift to a neutral bias buoyed the Aussie dollar which scaled $0.8000 and wasn't far from recent January peaks. 

Australia's central bank lopped its key rate to fresh record lows of 2.0 percent this week but it made no mention of an easing stance. The perception that Australian interest rates may be as low as they go for now would allow a higher ceiling for the Aussie. 

For the next Aussie catalyst and to shed light on the future for area borrowing rates, markets will look to Australia's monthly jobs report on Thursday which is forecast to show an increase in unemployment to 6.2 percent from 6.1 percent.