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AUSSIE 10-YEAR TECHS

(Z1) Off Lows, But Remains Weak

USDCAD TECHS

Still Vulnerable

AUDUSD TECHS

Bullish Price Sequence

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Modest steepening pressure has been evident during Sydney dealing, with a lack of headline catalysts apparent, leaving YM -2.5 and XM -4.0 at typing. The latest round of weakness has come alongside some modest cheapening in U.S. Tsys. Local retail sales data wasn't quite as soft as expected, but still lodged a third consecutive M/M fall in August, hampered by the lockdowns that were in play.