The bank says short AUD/USD with a target at 0.7170 and a stop loss at 0.7390
Citing
- Federal Reserve and RBA rhetoric is likely to add to rate differential divergence this week
- And the AUD remains exposed to any re-emergence in trade concerns and further deterioration in sentiment
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Note -
- FOMC Minutes due Wednesday
- RBA Minutes due Tuesday (Lowe speaking Tuesday also)
