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AUD benefitting from the SCMP headline re:...>

AUSSIE
AUSSIE: AUD benefitting from the SCMP headline re: China's top trade envoy
travelling to the U.S., as you would expect.
- Rate has registered a high of $0.7208, where it trades last, after stabilising
on the back of the touted state intervention in the CNY earlier on today.
- Now that bulls have reclaimed the figure, initial resistance is located at
Monday's intraday high of $0.7246.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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