AUD/USD printed a new multi-month high.......>

AUSSIE: AUD/USD printed a new multi-month high Thursday, only to more than erase

these gains through the rest of the day as risk sentiment turned sour, dragging

the Aussie to the bottom of the G10 pile. Post-FOMC/month-end greenback weakness

and generally better then expected Aussie econ data allowed the pair to climb in

Asia hours. But a BBG report suggesting that China doubts whether it can strike

a long-term deal with the Trump admin changed the outlook, knocking the rate on

its head. Risk appetite remained weak, keeping a lid on the pair.

- AUD/USD is unch. at $0.6893. Below yesterday's trough & Oct 22 high at $0.6883

would bring the 100-DMA at $0.6850 into view. Meanwhile, bulls look for a lift

back above the key Sep 12 high of $0.6895 before setting their sights on the

61.8% retracement of the Jul 19 - Oct 2 decline/yesterday's peak at $0.6925/30.

- We have seen a few numbers out of Australia today. M'fing PMI surveys from

both CBA and AiG indicated deterioration, with the CBA gauge printing right at

the breakeven 50 level. CoreLogic House Px rose by 1.4% M/M vs. the prior +1.1%.