--------------(Snapshot at 8:14 a.m./2114 GMT)-----------------
FOREX (vs Late Sydney) DEBT FUTURES (Night Session) 0.9278 (0.9227) 90-DAY (DEC) 95.67 (95.67) 0.6179 (0.6178) 3-YR (DEC) 94.60 (94.68) 84.40 (83.63) 10-YR (DEC) 94.295(94.38) 1.2208 (1.2293) US10-YR 3.39 (3.34)
AU$S/Term range *Support *Resistance *RSI-14 *MA-10 *MA-20
*0.9100/9330 *0.9160 *0.9350 *70.084 *0.9157 *0.8961
----------------------------(Oct 22)---------------------------
* Australian dollar offshore range $0.9194-0.9330
* Aussie higher, touching a fresh 14-month peak, as investors extend long positions in high-yielding currencies and sell the U.S. dollar on expectations the Federal Reserve will lag other central banks in raising interest rates.
* Against a basket of currencies, the dollar hit a fresh 14-month low of 74.94 with the euro rising past the psychological key level of $1.50. It rose to as high as $1.5046 which was its highest level since August 2008.
* Aussie down versus sterling. Pound gained after minutes from the Bank of England's (BoE) last board meeting showed policymakers differed on the inflation outlook, suggesting some were wary of pumping more funds in the system. Officials also voted to continue a 175 billion pound ($291 billion) quantitative easing programme.
* Chinese data on Thursday could set the tone for the Aussie. The key number is third-quarter gross domestic product (GDP) growth numbers, due out at 0200 GMT. Also due is September fixed investments data and consumer and producer prices.
* China is Australia's biggest trading partner. Robust Chinese demand for commodities has helped Australia dodge a recession.
* Aussie strong around a one-year high of 84.84 yen as investors focus on interest rate differentials. The yen has often used to fund risky leveraged carry trades.
* The Reuters-Jefferies commodities index rose more than 2 percent to a one-year high with oil rising above $81 a barrel while copper also made strong gains.
* Support for the Aussie is seen around $0.9160 on strong expectations of steep rate hikes at home before the year end. Attention is now turning to Australian third-quarter inflation data, due on Oct. 28. An upside surprise could see investors increase bets on a 50 basis point hike in November.
* Implied cash rates, based on money market and swap rates , are fully pricing in a 25 basis point hike and factoring in a 25 percent chance the central bank will raise rates by 50 basis points on Nov. 3.
* The spread of Australian two-year swap yields over their U.S. counterparts was at 14-month highs of 408 basis points, reflecting the Aussie's growing yield allure.
* Australian bond futures were lower, tracking U.S. Treasuries which were sold off after comments from the BoE triggered a fresh round of anxiety on the eventual withdrawal of monetary stimulus. A cautiously optimistic view from the Federal Reserve's Beige book also weighed on Treasuries.
* Three-year futures were 0.08 points lower at 94.60 while the 10-year contract lost 0.09 points to 94.295.
(Reporting by Anirban Nag; Editing by Jonathan Standing) (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) ($1=.6015 Pound) Keywords: MARKETS AUSTRALIA BONDS/FOREX (anirban.nag@thomsonreuters.com; Reuters Messaging; anirban.nag.reuters.com@reuters.net; +61 2 9373 1871) 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 $0.9194-0.9330
* Aussie higher, touching a fresh 14-month peak, as investors extend long positions in high-yielding currencies and sell the U.S. dollar on expectations the Federal Reserve will lag other central banks in raising interest rates.
* Against a basket of currencies, the dollar hit a fresh 14-month low of 74.94 with the euro rising past the psychological key level of $1.50. It rose to as high as $1.5046 which was its highest level since August 2008.
* Aussie down versus sterling. Pound gained after minutes from the Bank of England's (BoE) last board meeting showed policymakers differed on the inflation outlook, suggesting some were wary of pumping more funds in the system. Officials also voted to continue a 175 billion pound ($291 billion) quantitative easing programme.
* Chinese data on Thursday could set the tone for the Aussie. The key number is third-quarter gross domestic product (GDP) growth numbers, due out at 0200 GMT. Also due is September fixed investments data and consumer and producer prices.
* China is Australia's biggest trading partner. Robust Chinese demand for commodities has helped Australia dodge a recession.
* Aussie strong around a one-year high of 84.84 yen as investors focus on interest rate differentials. The yen has often used to fund risky leveraged carry trades.
* The Reuters-Jefferies commodities index rose more than 2 percent to a one-year high with oil rising above $81 a barrel while copper also made strong gains.
* Support for the Aussie is seen around $0.9160 on strong expectations of steep rate hikes at home before the year end. Attention is now turning to Australian third-quarter inflation data, due on Oct. 28. An upside surprise could see investors increase bets on a 50 basis point hike in November.
* Implied cash rates, based on money market and swap rates , are fully pricing in a 25 basis point hike and factoring in a 25 percent chance the central bank will raise rates by 50 basis points on Nov. 3.
* The spread of Australian two-year swap yields over their U.S. counterparts was at 14-month highs of 408 basis points, reflecting the Aussie's growing yield allure.
* Australian bond futures were lower, tracking U.S. Treasuries which were sold off after comments from the BoE triggered a fresh round of anxiety on the eventual withdrawal of monetary stimulus. A cautiously optimistic view from the Federal Reserve's Beige book also weighed on Treasuries.
* Three-year futures were 0.08 points lower at 94.60 while the 10-year contract lost 0.09 points to 94.295.
(Reporting by Anirban Nag; Editing by Jonathan Standing) (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) ($1=.6015 Pound) Keywords: MARKETS AUSTRALIA BONDS/FOREX (anirban.nag@thomsonreuters.com; Reuters Messaging; anirban.nag.reuters.com@reuters.net; +61 2 9373 1871) 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.