ForexLive Asia-Pacfic wrap: AUD continues to drift lower

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BOJ's Kiuchi says could ease futher NZ trade deficit higher on soft exports Australian Aug DEWR skilled vacancies -2.9% Japan/China foreign ministers meet in NYC Abe emerges as LDP favorite ahead of elections Guardian: BBA will be turfed on Libor China state researcher sees growth rebound: China Daily Toyoto, Nissan trim China output after protests Greece braces for general strike Big tail on Chinese bond auction Oil touches 7-week low Nikkei -1.7% JPY leading, AUD lagging EUR/USD range of 1.2896-1.2913 indicative of the slow trading. The thinking coming into the session was that Asia would pick up  and continue the 'risk off' sentiment from the end of US trading. Others thought we might see a bounce but that hasn't materialized either, save for small rally in cable to 1.6209 on a run of small buy stops above 1.6200. AUD/USD slumped early, touching 1.0354. Lots of eyes on the convergence of the 200-day moving average and some other support levels around 1.0343. Outside of AUD, every pair is within 10 pips of the NY close.
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