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AUDUSD initially benefitted from the.........>

AUSSIE
AUSSIE: AUDUSD initially benefitted from the uptick in risk sentiment during
Asia-Pacific dealing, after an ABC sources piece suggested that US Treasury
Secretary Mnuchin has urged Trump to exempt Canada from the steel & aluminium
tariffs.
- The AUD received further support from a stronger than exp. Aussie GDP print,
although the heavily watched household expenditure metric missed.
- AUDUSD topped out at 0.7665, shy of the April 23 high (0.7682) and last trades
at 0.7555.
- The high from May 31 (0.7593) now provides initial support.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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