Month-end sales of the greenback & a.........>

AUSSIE: Month-end sales of the greenback & a recovery in risk sentiment pushed

AUD/USD higher in Thursday's London hours, but the rate gave away some of those

gains ahead of the close as U.S. President Trump said that he will hold a

presser on China Friday.

- The rate has continued to ebb lower this morning and last trades -10 pips at

$0.6627. Bears look for a break under May 26 low of $0.6538, towards a key

support from May 22 low of $0.6506. Bulls see May 27 high of $0.6680 as their

initial target, followed by Mar 9 high of $0.6685, a key near-term resistance.

- Australia joint the UK, U.S. and Canada in criticising China over its new HK

Security Law, potentially escalating tensions with Beijing.

- Australia's private sector credit data will hit the wires later today. Next

week's data highlights include AiG & CBA (f) M'fing PMIs (Monday), company

operating profit, inventories, net exports & BoP current a/c balance (Tuesday),

GDP & building approvals (Wednesday), trade balance & retail sales (Thursday).

- As a reminder, the RBA delivers its monetary policy decision next Tuesday.