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Rate edges to the session's best levels......>

AUSSIE
AUSSIE: Rate edges to the session's best levels but remains well short of
yesterday's and Wednesday's highs at $0.7151 and $0.7160 respectively. A
recovery above these levels would open up a move toward the 1.0% 10-dma envelope
at $0.7179 and the 2018 channel top (initially pierced Sep26) at $0.7204. A
positive commodities picture will be needed to underpin any rally from here and
that's been the case so far this morning, with industrial metals prices up
around 0.5%.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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