Daily Morning Report 21.08.2017

The Australian dollar edged lower against its U.S. counterpart on Monday, while the New Zealand dollar was little changed as concerns over U.S. political tensions seemed to ease and as markets were still digesting the Barcelona terrorist attack.

AUDUSD slipped 0.11% to 0.7923.

The greenback recovered from losses posted following reports senior White House advisor Steven Bannon had been fired.

Ongoing uncertainty over the economic agenda of U.S. President Donald Trump and doubts that the Federal Reserve will deliver a third rate hike this year have fed into recent dollar weakness.

NZDUSD was little changed at 0.7316.