AUD/USD holds steady at $0.6838, with the....>

AUSSIE: AUD/USD holds steady at $0.6838, with the key Australian labour market

report coming up at the bottom of the hour.

- The pair shot higher in yesterday's Asia-Pac session in a spill-over from the

RBNZ's unexpected decision to refrain from trimming their OCR. However, the pair

promptly gave away those gains and extended losses in the London morning, as

U.S.-China trade uncertainty & the Hong Kong situation dented risk appetite.

There has been a spell of recovery in U.S. hours, but a WSJ report suggesting

that Washington & Beijing have reached a deadlock over farm purchases prevented

a return into positive territory.

- Bushfires of unprecedented scale remain on Australian front pages as Sydney

retains a historic "catastrophic" fire danger alert.

- A break under the trendline support at $0.6826 and the 50-DMA that kicks in at

$0.6819 would give bears a green light for targeting the Oct 25 trough at

$0.6809. Meanwhile a rally through the 100-DMA at $0.6844 and above Tuesday's &

Wednesday's highs at $0.6857 would open up $0.6883, the high of Oct 22.

- RBA Dep Gov Debelle is set to speak on Friday.