AUD/USD has edged lower early on, as risk....>

AUSSIE: AUD/USD has edged lower early on, as risk appetite is limited by a

worrying coronavirus situation in the U.S. The rate sits -8 pips at $0.6858.

- A quarterly report from the Australian gov't that the nation's LNG export

revenue is expected to shrink by more than a quarter in FY2021, but gold export

earnings in 2020/21 are forecast to reach record highs.

- The Premier of the state of Victoria announced an extension to quarantine

imposed on returning travellers who refuse to test for Covid-19 and noted that

the state may reintroduce lockdown measures in some hot spot suburbs.

- Elsewhere, the gov't denied an earlier Telegraph report suggesting that

ministers are planning to increase the unemployment benefit by A$75/week.

- A dip through Jun 22 low of $0.6805 would open Jun 15 low of $0.6777; a breach

of Jun 16 high of $0.6977 would expose round fig./Jun 11 high of $0.7000/05.

- Australia reports private sector credit & weekly payroll jobs and wages data

on Tuesday. AiG M'fing PMI, final CBA M'fing PMI & building approvals hit on

Wednesday. Trade balance and retail sales are due Thursday and Friday

respectively. Elsewhere, RBA's Debelle speaks on Tuesday.