ANZ write that "in recent months the AUD.....>

AUSSIE: ANZ write that "in recent months the AUD has been a victim of global

sentiment, with much of its range defined by market volatility rather than

domestic dynamics. There is a risk, we think, that over the next couple of weeks

the market will refocus on the domestic pulse. Key data releases will arrive

ahead of a substantial update from the RBA, all of which will add a new element

to the downside bias of the AUD. We remain cautious. We still like the

long-dated bearish option structures we recommended late in 2018, and we retain

our forecast that the AUD will sustainably break USD0.70 this quarter."