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Improving appetite for riskier assets &......>

AUSSIE
AUSSIE: Improving appetite for riskier assets & firmer oil prices bolstered
AUD/USD Wednesday, allowing it to extend its winning streak to three straight
sessions & show above $0.6600 for the first time since March. The rate failed to
consolidate north of that round figure and ebbed off highs ahead of the close.
- AUD/USD sits at $0.6596, virtually unchanged on the day, with technical focus
remaining on the topside. A rally above May 20 high of $0.6616 would bring the
upper 2.0% 10-DMA envelope at $0.6638. Meanwhile, bears look for a dip below May
19 trough at $0.6510 before taking aim at May 15 low of $0.6402.
- Flash CBA PMI Surveys will be released at the top of the hour, while RBA
Governor Lowe will take part in a panel discussion later today.

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