United Kingdom M4 Money Supply (MoM) up 0.6% in September; (YoY) grows 2.6%

Lee Hardman, FX Analyst at the Bank of Tokyo Mitsubishi UFJ notes that the Australian dollar has underperformed in the Asian trading session with the AUD/USD rate extending its recent retracement lower after failing to break above resistance from its 200-day moving at around 0.9750 on the 23rd October