Dan Deming examines the FX markets as Australian Dollar futures face heavy selling pressure, dropping 0.5% to hit a two-month low around the 0.6975 level. He discusses the macroeconomic themes driving the broader currency complex, including the Federal Reserve's hawkish tone on interest rate trajectories, which continues to provide strong support for the U.S. dollar. Deming also notes similar multi-month lows across Euro and British Pound futures.