AUD/USD deals unch at $0.7214 after..........>

AUSSIE: AUD/USD deals unch at $0.7214 after visiting lows of $0.7203 after a

USTR report showed China has not fundamentally altered its "unfair,

unreasonable, & mkt-distorting practices," suggesting that "China appears to

have taken further unreasonable actions in recent months."

- Some interesting comments from RBA Gov. Lowe in his Q&A session put pressure

on AUD in early London hours Tues. Lowe noted that the RBA is "starting to get

concerned about credit supply." While he also suggested that unemployment may go

to 4.5% without generating wage pressure. It's currently 5.0% & the RBA is

projecting 4.75% during '20.

- AUD/USD edged lower throughout the remainder of the day, with equity markets

trading heavy across the board.

- The break below the 100-DMA will please bears, who now look to the Nov 13 low

at $0.7164 after breaching trendline support. Bulls need to regain the 100-DMA

at $0.7255.

- Little major on the domestic calendar for the remainder of the week, so

broader risk themes, as well as AUD/NZD flow may drive the rate.