AUD/USD last trades almost unch. at..........>

AUSSIE: AUD/USD last trades almost unch. at $0.7033. RBA's Kent speaks on the

Committed Liquidity Facility, sticking to the topic of his speech.

- The rate finished slightly lower on Monday, extending Friday's pullback from

multi-month highs. The pair edged lower towards the end of Monday's Asia-Pac

session, before renewed demand in European hours dragged it to the intraday peak

of $0.7082, a handful of pips ahead of the 200-DMA. Subsequent sell-off might

have been facilitated by pressure exerted on commodity-tied FX bloc by commodity

prices falling from earlier highs, as well as a strengthening USD. As a result,

AUD/USD slid to just above the earlier lows.

- U.S. Pres Trump will host Australian PM Morrison at a state dinner on Sep 20.

- Bears look for a fall through the YtD mid-point/100-DMA at $0.7018/17 before

challenging the round figure below. Bulls look to the trendline resistance drawn

off the Dec 4 2018 high, which comes in at $0.7071. The trendline was confirmed

last Thursday and the rate briefly showed above on the following day.

- Later in the week, flash CBA PMI readings and skilled vacancies come out on

Wednesday, but the main focus will fall on Thursday's speech from RBA Gov Lowe.