--------------(Snapshot at 8:15 a.m./2115 GMT)-----------------
FOREX (vs Late Sydney) DEBT FUTURES (Night Session) 0.8905 (0.8867) 90-DAY (DEC) 95.95 (95.97) 0.6018 (0.5965) 3-YR (DEC) 95.01 (95.02) 78.90 (78.38) 10-YR (DEC) 94.765(94.75) 1.2064 (1.2127) US 10-YR 3.26 (3.23)
AU$S/Term range *Support *Resistance *RSI-14 *MA-10 *MA-20
*0.8570/9000 *0.8845 *0.8920 *64.979 *0.8732 *0.8697
-----------------------------(Oct 7)---------------------------
* Australian dollar offshore range $0.8755-0.8920.
* Aussie strong around 89 cents on Wednesday, having touched a fresh 14-month high in the wake of the Reserve Bank of Australia's (RBA) hike in interest rates.
* Next target at $0.8960, then 90 cents and $0.9050.
* Aussie up on yen at 79.05, but gaining ground more slowly as the yen rises on an ailing U.S. dollar. Faces very stiff resistance around 80.00 yen.
* Market pricing in a real chance of another rise in rates to 3.5 percent in November, and perhaps even another hike in December. RBA seen moving to maybe 4 percent before pausing.
* December bank bill futures down another 0.03 points at 95.950, implying a three-month rate of 4.05 percent.
* Most other developed economies look set to keep rates at record lows, giving the Aussie an ever-widening yield advantage. Local two-year yields 347 basis points above those in U.S.
* Bond futures indicated mixed, with the short-end pressured but the long-end benefiting from curve flattening plays.
* Three-year bond futures were indicated 0.03 points lower at 95.01. The 10-year contract edged up 0.01 point to 94.760, giving an implied spread of just 25 basis points.
* Aussie also aided by a better session for global stock markets, ironically caused in part by optimism that the RBA's hike was an early sign of global recovery.
* Commodities likewise rallied, with base metals and oil up, while gold reached a record high above $1,043 an ounce and the CRB index gained 1.3 percent.
* Local data on Wednesday include housing finance figures for August, which are seen dipping 1.0 percent as a pullback from stimulus-inspired strength in earlier months.
(Reporting by Wayne Cole; Editing by Jonathan Standing) (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) Keywords: MARKETS AUSTRALIA BONDS/FOREX (wayne.cole@reuters.com ; +61 2 9373 1813; Reuters Messaging: wayne.cole.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Australian dollar offshore range $0.8755-0.8920.
* Aussie strong around 89 cents on Wednesday, having touched a fresh 14-month high in the wake of the Reserve Bank of Australia's (RBA) hike in interest rates.
* Next target at $0.8960, then 90 cents and $0.9050.
* Aussie up on yen at 79.05, but gaining ground more slowly as the yen rises on an ailing U.S. dollar. Faces very stiff resistance around 80.00 yen.
* Market pricing in a real chance of another rise in rates to 3.5 percent in November, and perhaps even another hike in December. RBA seen moving to maybe 4 percent before pausing.
* December bank bill futures down another 0.03 points at 95.950, implying a three-month rate of 4.05 percent.
* Most other developed economies look set to keep rates at record lows, giving the Aussie an ever-widening yield advantage. Local two-year yields 347 basis points above those in U.S.
* Bond futures indicated mixed, with the short-end pressured but the long-end benefiting from curve flattening plays.
* Three-year bond futures were indicated 0.03 points lower at 95.01. The 10-year contract edged up 0.01 point to 94.760, giving an implied spread of just 25 basis points.
* Aussie also aided by a better session for global stock markets, ironically caused in part by optimism that the RBA's hike was an early sign of global recovery.
* Commodities likewise rallied, with base metals and oil up, while gold reached a record high above $1,043 an ounce and the CRB index gained 1.3 percent.
* Local data on Wednesday include housing finance figures for August, which are seen dipping 1.0 percent as a pullback from stimulus-inspired strength in earlier months.
(Reporting by Wayne Cole; Editing by Jonathan Standing) (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) Keywords: MARKETS AUSTRALIA BONDS/FOREX (wayne.cole@reuters.com ; +61 2 9373 1813; Reuters Messaging: wayne.cole.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.