AUD/USD Pullbacks Likely Limited To 0.9650

Forex News: Expect AUD/USD pullbacks to be limited to 0.9650 while USD sentiment remains poor, nabCapital senior currency strategist John Kyriakopoulos says. Notes RBA minutes due 0130 GMT likely to provide "details about slowing spending and borrowing" and validate recent paring back of RBA hike expectations; as such, further gains in AUD/USD more likely to be driven by "unfavorable surprises" in U.S. retail sales, PPI due later Tuesday. nabCapital maintains call of 25% chance AUD/USD hits parity but that parity would require either another RBA hike or USD collapse. AUD/USD last 0.9716