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Under pressure from the get-go, the AUD......>

AUSSIE
AUSSIE: Under pressure from the get-go, the AUD trades weaker against all other
G10 currencies, slipping close to 0.5% against the NZD. Commodity prices remain
a key concern after the Australian government forecast a 20% drop in 2018 iron
ore prices and traders report macro accounts are switching into NZD from AUD.
Support seen for AUD/USD at $0.7785/95 marking the Dec29 and Jan1 lows. 
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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