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FXstreet.com (Barcelona) - TD Securities analysts see in the AUD the exception of the quiet overnight session, selling off on calls for rate cuts by the Australian Treasury as inflation dampens.

"These comments may have kicked off a series of such AUD negative headlines in the coming week, as we expect the RBA governor to continue talking down the currency", wrote analysts Shawn Osborne and Greg Moore, pointing to a close below 1.0445 as signal for more near term pressure. "Below here, the next key support is spotted at the 23.6% retracement of the June/Aug move which comes in at 1.0371", they added.

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