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The RBA is expected to maintain its monetary policy unchanged.
Services output in Australia improved by more than expected in January.
AUD/USD is technically poised to extend its decline, but RBA expected to be hawkish.
The AUD/USD pair fell to an intraday low of 0.7605, but is finishing the day little changed in the 0.7630 area. The aussie fell at the opening as a hotel guard who sparked a 5-day lockdown in the Perth area was confirmed to have the UK coronavirus strain. Australia has been quite fast to respond to single contagions, but a paralyzed region always spurs concerns.