AUD/USD last deals at $0.6875, 10 pips.......>

AUSSIE: AUD/USD last deals at $0.6875, 10 pips lower on the day. Australian ANZ

Roy Morgan Weekly Consumer Confidence Index fell to 108.0 from 109.0. Elsewhere,

the APRA raised Westpac's capital requirements by A$500mn as it opened

investigation into the bank's alleged breaches of anti-money laundering law.

- The downside focus is on $0.6864, the low of Dec 13. A break below there would

bring the 50-DMA at $0.6831 into view. Bulls look for a rebound above $0.6900,

which would open up the multi-month high of $0.6939 touched on Dec 13.

- This comes after the rate finished just a touch higher Monday, which was an

inside day. Participants mulled the recent trade war developments, as the

imminent phase-one deal was well received but its details were somewhat elusive.

On the positive side, China's econ activity data were better than exp. & the

PBoC was firmer than forecast. However, AUD/USD may have been limited by the

Australian budget update, which saw cuts to surplus forecasts.

- Coming up today are the minutes from the RBA's Dec MonPol meeting & local

housing finance data (for the first time employing a new methodology, so should

be interpreted with caution). The key Aussie labour mkt report is due Thursday.