***Fast money accounts in reaction to a......>

AUSSIE: ***Fast money accounts in reaction to a lower Aussie forecast from

Morgan Stanley have reported sold over the last hour or so, the rate falling

from around $0.7555 to a base so far of $0.7533. Morgan Stanley's chief global

currency strategist Hans Redeker has been quoted as saying, Australia's dollar

is set to fall to the weakest since the aftermath of the global financial crisis

in 2009, as it loses its standing as a high-yielding currency. He adds, Aussie

will probably drop to US65 cents in 2019 as the nation's benchmark rate will

eventually go below the Federal Reserve's. Support is located at at $0.7531

(61.8% fib retracement $0.7160-$0.8125), a break to open a move to $0.7500 where

corporate and option demand is said to exist. Aussie was last at $0.7535.