AUD/USD trades at $0.6808, almost............>

AUSSIE: AUD/USD trades at $0.6808, almost unchanged on the day.

- The pair shed a handful of pips Monday as markets turned more cautious towards

the prospect of a quick finalisation of the initial U.S.-China trade pact, with

losses extended on the back of a CNBC source report describing the mood in

Beijing about the trade talks as "pessimistic." The subsequent push higher into

the WMR fix, capped by Friday's high of $0.6822, was driven by a meeting between

U.S. Pres Trump and Fed Chair Powell, whose conversation touched upon USD &

negative interest rates, among others (per Trump's Twitter communique). However,

persistent trade war uncertainty dragged the pair off highs into the close.

- Australian ANZ Roy Morgan weekly cons. conf. index fell to 109.9 from 111.1.

- Bears look for a convincing break below $0.6801/6799, the 50% retracement of

the Oct rally/Monday's trough. This would expose the 61.8% retracement of that

range at $0.6770, which limited losses on Nov 14. Meanwhile, bulls need a jump

above the aforementioned $0.6822 level before targeting the 100-DMA at $0.6838.

- The RBA will publish the minutes from its Nov MonPol meeting today. Skilled

vacancies data hits on Thursday, with flash CBA PMI numbers due on Friday.