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AUSSIE BONDS

Back To Neutral Levels

AUD

Continues Slide

CROSS ASSET

Risk Assets Struggling On Evergrande Worry?

SGD

Lower For Third Session

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  • USDBRL opening roughly 0.75% lower at 5.13. 5.0550 support had recently been probed and therefore a sustained move below here and the July 29 lows at 5.0416 would confirm bearish conditions. This would signal scope for a deeper short-term pullback and expose 5.00 plus the Jun 25 low of 4.8934 which is a key support.