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Fitch affirming Australia's AAA credit.......>

AUSSIE
AUSSIE: Fitch affirming Australia's AAA credit rating; outlook stable, gave
AUD/USD the impetus to move away from session lows in early Asia-Pacific
dealing, allowing the Aussie to outperform the NZD, even as risk off flows weigh
on Asia-Pacific equities.
- AUD/USD last deals at $0.7077, after registering a low of $0.7057 early on.
The YTD low ($0.7041) continues to provide key support, with any break opening
up $0.7000. Bulls need to recover the Oct 17 high ($0.7160) to improve the
outlook, before looking to $0.7200 and the bear channel top.
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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