Despite climbing to the intraday high of.....>

AUSSIE: Despite climbing to the intraday high of $0.6789 in Monday's Asia-Pac

session, on the back of a firmer risk appetite, AUD/USD failed to hold gains and

dipped in early European trade. Subsequent recovery was negated late doors, as

rising U.S. Tsy yields & a round of comments from Fed's Rosengren pushed USD

higher. The central banker seemed unmoved since his recent hawkish decent,

stating that stronger signals of an economic slowdown would be needed to warrant

further easing from the Fed.

- AUD/USD last deals at $0.6768, barely changed on the day. The initial downside

target is provided by the Aug 14 low of $0.6736. A break here would open up the

lower 1.0% 10-DMA envelope at $0.6705. Meanwhile, bulls look for a breach of the

100-HMA/200-HMA at $0.6775/78, which would shift their focus to the $0.6800

figure.

- The RBA will release minutes from its most recent MonPol meeting later today.

Skilled vacancies data comes out on Wednesday, with flash CBA PMIs due on

Thursday.