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AUD landed at the bottom of the G10..........>

AUSSIE
AUSSIE: AUD landed at the bottom of the G10 currency board, pressured by broader
risk-off flows, stemming from fresh tensions in Indian-Pakistani relations, as
well as an FT report stating that "a group of senators have written to Rick
Perry calling on the U.S. energy sec to ban solar equipment made by Huawei.
- The rate was last seen at $0.7156, a dozen pips lower on the day.
- RBA's Harker told MNI today that "if the labour market remains strong, then
the next move is up rather than down, even though such a move may be some way
off," citing his personal view, which is out of sync with the broader stance of
the RBA board, after the formal adoption of a more balanced interest rate
outlook earlier this month.
- Bears need a break below the 21-DMA at $0.7151, which has limited losses
today. This would allow bears to target the 100-DMA at $0.7139. Meanwhile, bulls
look to return above the 100-DMA at $0.7163, followed by $0.7205, which
represents the 1.0% 10-DMA envelope.
- AU focus falls on the first round of Q4 GDP partials & global trade
developments, while Chinese PMI data will also provide some interest.

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