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Dovish RBA minutes which again highlighted...>

AUSSIE
AUSSIE: Dovish RBA minutes which again highlighted uncertainty around weak wage
growth, pressured overnight. Aussie touched react lows of $0.7532 with added
weight from a Morgan Stanley report that said the Aud will probably drop to
$0.65 cents in 2019 as the nation's benchmark rate will eventually go below the
Federal Reserve's. Recovery efforts held shallow for the balance of the session,
last $0.7545. On the downside support is seen at $0.7531/24 (61.8%
$0.7160-0.8125, Jun13 low), more techs behind at $0.7522/20 (Jun12, Jun9 lows).
* Focus turns to RBA Governor Lowe who will be speaking in Sydney (0915GMT) at
the Australian Business Economists Annual Dinner.

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