AUD/USD last deals at $0.6794, almost........>

AUSSIE: AUD/USD last deals at $0.6794, almost unchanged on the day, after

falling 36 pips yesterday.

- A cautious mood had already applied some weight to the pair in early Asia

trade yesterday, before the publication of a disappointing labour market report

out of Australia dragged it further south, prompting investors to boost their

RBA easing bets. A softening yuan worked to magnify the damage to the Aussie.

- European & U.S. sessions saw some recovery, which briefly took the rate back

above $0.6800, but ultimately proved shallow.

- Bears look to the rate to extend yesterday's losses and dip below $0.6767, the

61.8% retracement of its Sep 3-Sep 12 rally. A return above the nearest round

figure above, however, would shift focus to $0.6831/32, which represents

yesterday's high/38.2% retracement of the Jul 19-Aug 7 slide. A close above

there is needed to bring bulls some relief.

- Local data highlights next week are flash CBA survey from CBA (Monday),

skilled vacancies (Wednesday) and job vacancies (Thursday). Tuesday will see RBA

Governor Lowe deliver a speech.