AUD/USD climbed ~20 pips in the Asia-Pac.....>

AUSSIE: AUD/USD climbed ~20 pips in the Asia-Pac session and last trades at

$0.7271. Worth noting a Newscorp reporter tweeted that ING Australia hiked home

loan variable rates by 0.15 percentage points for new and existing customers,

effective Thursday February 7. The AUD virtually ignored the latest round of

official Chinese PMI data. 

- The rate hit an intraday high at $0.7272 overnight, just a pip below

yesterday's YTD high of $0.7273. A break above the latter level would open up

the 200-DMA at $0.7293. Initial downside focus falls on the Dec 13 high of

$0.7247, followed by the upper 1.0% 10-DMA envelope at $0.7242. 

- Australian focus falls on the ongoing Sino-U.S. trade talks, as well as

Chinese Caixin m'fing PMI due tomorrow.