AUD/USD holds steady at $0.6752 after........>

AUSSIE: AUD/USD holds steady at $0.6752 after giving away 34 pips on Monday. RBA

Asst Gov Kent will speak at 23:50 BST/08:50 AEST.

- The pair started this week on the back foot amid a broader risk-off mood, but

more than erased losses after a stronger than exp. PBoC yuan fix. It failed to

hold these gains, however and slid into yesterday's London morning as risk

aversion came to the fore again, with participants digesting signals of

political instability in Hong Kong, Italy, or Argentina. The decline halted

around $0.6750; the rate continued to test the level in a broadly sideways trade

through the rest of the day.

- Bears look for a clean break below the $0.6750-45 area, which registered

several lows this month. This would clear the way to the $0.6700 mark. Bulls

need a breach of the 100-HMA/200-HMA at $0.6774/86 before challenging the

$0.6800 figure; above there would improve outlook.

- Later in the day, Australian focus will turn to NAB biz. conf. survey. RBA Dep

Gov Debelle will appear on Wednesday & Thursday; the latter day will see the

release of the key jobs & wage data.