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Westpac write that "AUD underperformance.....>

AUSSIE
AUSSIE: Westpac write that "AUD underperformance over the past month is
consistent with the cooler outlook for global growth, with China especially in
focus. However, Australia's commodity price basket is about flat over that time.
Yield differentials may be key in coming weeks, after sharp gyrations around
year end. Our 2019 base case of further Fed tightening and a steady RBA cash
rate should leave AUD/USD finding support on dips towards $0.70 and finishing Q1
around $0.71."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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