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AUD/USD trades at $0.6733, a touch lower.....>

AUSSIE
AUSSIE: AUD/USD trades at $0.6733, a touch lower on the day as ANZ said that
they forecast Aussie GDP to fall 0.1% in Q1 on coronavirus & bushfires.
Participants await RBA Gov Lowe's speech titled "The Year Ahead." Lowe will
appear again on Friday, a few hours before the publication of the latest SoMP.
- The RBA's decision to leave its cash rate unchanged, accompanied by a pretty
upbeat statement, put a bid into AUD/USD on Tuesday. The rate not only held
resultant gains, but extended them through the rest of the day as risk appetite
picked up. Policy measures deployed by China to ease post-LNY/virus-related
strain on domestic markets were well received.
- Bulls would be pleased by a lift above the 23.6% retracement of the Dec 31 -
Feb 4 sell-off at $0.6762, which would expose the Jan 29 high of $0.6777. Bears
need a drop below $0.6700 before targeting Tuesday's YtD low of $0.6679. 
- On the radar during the remainder of this week are Aussie trade balance,
retail sales, and NAB Business Confidence Survey, all due Friday.

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