Canada Housing Starts s.a (YoY) below forecasts (200K) in December: Actual (173K)

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AUD/USD struggles to consolidate above 0.7000

The Australian dollar is among the best performers on Monday, having bounced from fresh 5-month lows to regain the 0.70 mark as risk aversion eased during the European session.
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Further downside likely in USD/JPY – BBH

Analysts at BBH have suggested that further pullbacks of the pair could be on the cards...
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