--------------(Snapshot at 8:12 a.m./2112 GMT)-----------------
FOREX (vs Late Sydney) DEBT FUTURES (Night Session) 0.9260 (0.9253) 90-DAY (DEC) 95.66 (95.65) 0.6163 (0.6167) 3-YR (DEC) 94.59 (94.60) 84.56 (84.32) 10-YR (DEC)94.285(94.315) 1.2239 (1.2256) US10-YR 3.42 (3.39)
AU$S/Term range *Support *Resistance *RSI-14 *MA-10 *MA-20
*0.9100/9330 *0.9160 *0.9299 *71.615 *0.9176 *0.8992
----------------------------(Oct 23)---------------------------
* Australian dollar offshore range $0.9185-0.9299
* Aussie lifted by stock markets, which rose after several U.S. companies reported solid earnings, but gains were capped on sporadic profit booking.
* Against a basket of currencies, the dollar held just above a 14-month low, as investors covered short positions in the U.S. dollar and trimmed long positions in higher-yielding currencies on a view that the recent rally in them may have run too fast.
* Aussie higher at 84.57 yen, up from 84.32 late here on Thursday. It was trading close to one-year highs of 84.84 yen hit earlier this week on expectations Japanese investors will step up overseas bond purchases in coming weeks and on a broad improvement in risk appetite.
* The Reuters-Jefferies commodities index was down
0.55 percent, off a one
year high, with oil and copper prices pulling away as the U.S. dollar regained some of its lost ground.
* Australia's third-quarter import and export prices are due on Friday. The figures are the first of the building blocks to the third-quarter consumer price index (CPI) numbers due out next Wednesday.
* CPI numbers have become crucial for monetary policy outlook after recent hawkish commentary from the Reserve Bank of Australia.
* Support for the Aussie is seen around $0.9160 on strong expectations of steep rate hikes at home before the year end and steady purchases by Asian central banks seeking to diversify out of the U.S. dollar.
* Implied cash rates, based on money market and swap rates , are fully pricing in a 25 basis point hike and factoring in a 30 percent chance the central bank will raise rates by 50 basis points on Nov. 3.
* Australian bond futures were lower, tracking U.S. Treasuries which fell ahead of a record auction of government bonds and as safe-haven bids waned on the back of a stock market rally.
* Three-year futures were 0.02 points lower at 94.59 while the 10-year contract lost 0.035 points to 94.285.
(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) 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 $0.9185-0.9299
* Aussie lifted by stock markets, which rose after several U.S. companies reported solid earnings, but gains were capped on sporadic profit booking.
* Against a basket of currencies, the dollar held just above a 14-month low, as investors covered short positions in the U.S. dollar and trimmed long positions in higher-yielding currencies on a view that the recent rally in them may have run too fast.
* Aussie higher at 84.57 yen, up from 84.32 late here on Thursday. It was trading close to one-year highs of 84.84 yen hit earlier this week on expectations Japanese investors will step up overseas bond purchases in coming weeks and on a broad improvement in risk appetite.
* The Reuters-Jefferies commodities index was down
0.55 percent, off a one
year high, with oil and copper prices pulling away as the U.S. dollar regained some of its lost ground.
* Australia's third-quarter import and export prices are due on Friday. The figures are the first of the building blocks to the third-quarter consumer price index (CPI) numbers due out next Wednesday.
* CPI numbers have become crucial for monetary policy outlook after recent hawkish commentary from the Reserve Bank of Australia.
* Support for the Aussie is seen around $0.9160 on strong expectations of steep rate hikes at home before the year end and steady purchases by Asian central banks seeking to diversify out of the U.S. dollar.
* Implied cash rates, based on money market and swap rates , are fully pricing in a 25 basis point hike and factoring in a 30 percent chance the central bank will raise rates by 50 basis points on Nov. 3.
* Australian bond futures were lower, tracking U.S. Treasuries which fell ahead of a record auction of government bonds and as safe-haven bids waned on the back of a stock market rally.
* Three-year futures were 0.02 points lower at 94.59 while the 10-year contract lost 0.035 points to 94.285.
(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) 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.