AUD/USD last deals at $0.7124, unchanged.....>

AUSSIE: AUD/USD last deals at $0.7124, unchanged on the day.

- The pair climbed to a fresh Apr high of $0.7152 Tuesday, only to ease off

subsequently and finish barely changed.

- Tuesday's Asia-Pac hours saw AUD/USD touch a reaction high of $0.7131 upon the

release of better than exp. Australian home loan data, but a drop in Dalian iron

ore prices (from the recent multi-year highs) sent it back to the previous

levels. The rate then advanced into the European session, with BBG citing

traders as attributing the move to demand from Australian exporters seeking to

hedge. Nonetheless, disappointing equity performance knocked AUD/USD from its

best levels throughout the NY hours.

- Bulls need to clear the &0.7127-32 zone, which capped gains last week, before

challenging the aforementioned Apr high. Bears eye the 21-DMA at $0.7100.

- Australian Westpac Consumer Confidence Index is due at 0130BST/1030AEST, while

RBA Dep Gov will speak later today. Debelle will have the floor again tomorrow,

before the RBA releases its Financial Stability Review on Friday.

- Any fallout from the Sino-U.S. trade talks will also be of interest.