AUD/USD struggled on Monday as FX risk.......>

AUSSIE: AUD/USD struggled on Monday as FX risk proxies took a hit on the back of

the pressure on the U.S. tech space/broader U.S. equity mkts, as well as the

latest round of trade war salvos from over the weekend and China's Commerce

Ministry announcing that it is launching an anti-dumping investigation on

imported barley from Australia. Some suggested that this will be interpreted as

retaliation for the AU-U.S. security deal that was signed over the weekend.

- Rate last deals at $0.7299. Initial support is noted at the 100-DMA at

$0.7256. Bulls seek a close above $0.7328 to confirm the recent bullish trend.

- Focus falls on the RBA Nov meeting minutes, although most see little scope for

any ground-breaking information as the decision was supplemented by the

quarterly SoMP. RBA Gov. Lowe will speak later in the day, with the address

titled "trust & prosperity."