AUD/USD a touch lower, at $0.6819. The.......>

AUSSIE: AUD/USD a touch lower, at $0.6819. The local docket is empty today.

- APRA proposed loosening capital requirements for a first home buyers scheme.

Elsewhere, Aussie Tsy warned its chief Frydenberg against the imminent damage to

bank profit margins from ultra-low RBA rates, while floating the idea of the RBA

offering cheap loans to banks to stimulate the econ, per an AFR report.

- Bulls look for a break above $0.6830-33, which host the 38.2% retracement of

the Jul - Aug slide, the 23.6% retracement of the Oct rally, as well as well as

several daily highs. Above opens the 100-DMA, which kicks in at $0.6851. A fall

under the 38.2% retracement of the Oct rally/psychological barrier at $0.6802/00

would play into the hands of bears.

- To recap, the rate closed only marginally higher Friday, which wasn't enough

to offset its weekly losses. Friday's uptick was driven by a firmer risk

sentiment, fuelled by positive signals re: U.S.-China trade relations.

- Looking into the Australian calendar, highlights include a speech from RBA Gov

Lowe (Tuesday), CPI (Wednesday), building approvals (Thursday), as well as AiG &

CBA m'fing PMIs (Friday).