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Rate moves through the day's lows as.........>

AUSSIE
AUSSIE: Rate moves through the day's lows as markets favour the USD in the
current liquidity/volume slump. May24 lows at $0.7542 provide the initial
support levels before any test on the May17-21 congestion area at $0.7515. AUD
failing to see any support from the NZD which, today, is the strongest
performer. Nonetheless, the data calendar is relatively quiet this week, with
just retail sales in a week's time the major risk event. 
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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