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AUD/USD slid sharply into Tuesday's..........>

AUSSIE
AUSSIE: AUD/USD slid sharply into Tuesday's European morning, as risk appetite
turned sour, with participants reassessing recent optimism ahead of today's FOMC
MonPol decision. The rate trimmed losses into the WMR fix, but remained at
depressed levels as G10 FX continued to trade in a risk-off pattern. 
- Latest news on escalating Sino-Australian tensions: China's Education Ministry
issued an official statement to Chinese students, warning against risks
associated with studying in Australia.
- AUD/USD last sits at $0.6958, little changed on the day. Bearish focus falls
on Jun 4 low of $0.6883 and a break here would bring Jun 3 low of $0.6857 into
play. Conversely, a rally past Tuesday's high of $0.7041 would expose $0.7082,
the high of Jul 19, 2019.
- Australian Westpac Consumer Confidence and housing finance data will be
released later today.

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