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AUD

Aussie Catches Bid Thursday

JGB TECHS

(Z1) Bearish Trend Condition

US TSY OPTIONS

TYV1 132.00 Puts Lifted

AUSSIE BONDS

U.S. Tsys Drag The Futures Curve Steeper Overnight

NZD

Kiwi Swings To Weekly Gain

US TSYS

Steeper & Cheaper

AUSSIE
AUSSIE: AUD/USD has fallen on the back of the latest round of trade war
developments, last dealing 45 pips or so worse off at $0.7415.
- The remainder of the week provides little in the way of domestic risk events,
so focus is likely to remain on the global risk environment/any response to the
latest round of proposed U.S. tariffs from China.
- From a technical perspective AUD/USD's hesitation ahead of the 55-DMA
($0.7497) is a concern for bulls and has resulted in a dip back to the 21-DMA
($0.7413). Bears need a close below the 21-DMA to confirm an easing of bullish
pressure and to shift focus back to 2018 lows ($0.7311).
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com