--------------(Snapshot at 8:25 a.m./2125 GMT)-----------------
FOREX (vs Late Sydney) DEBT FUTURES (Night Session) 0.9202 (0.9276) 90-DAY (DEC) 95.64 (95.64) 0.6137 (0.6173) 3-YR (DEC) 94.54 (94.57) 84.77 (85.01) 10-YR (DEC) 94.21 (94.24) 1.2214 (1.2250) US10-YR 3.49 (3.45)
AU$S/Term range *Support *Resistance *RSI-14 *MA-10 *MA-20
*0.9100/9330 *0.9160 *0.9299 *67.113 *0.9193 *0.9018
----------------------------(Oct 26)---------------------------
* Australian dollar offshore range $0.9199-0.9297
* Aussie edged lower as falls in stock markets and commodities prompted traders to book profits from a rally which took the currency to 14-month highs last week.
* U.S. stocks ended lower on Friday while a rebounding U.S. dollar weighed on commodity prices. Against a basket of currencies, the U.S. dollar held above 75.50 as investors covered short positions in the U.S. dollar. It had fallen to a
14
month low of 74.94 on Oct. 21.
* Aussie eases to 84.71 yen from around 85.01 yen late here on Friday.
* Australian third-quarter producer prices data due on Monday. The numbers will feed into the third-quarter consumer price index (CPI) numbers due on Wednesday, although there has been little correlation between producer and consumer prices in the past.
* 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 on 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 35 percent chance the central bank will raise rates by 50 basis points on Nov. 3.
* Australian bond futures were lower, tracking Treasuries' losses ahead of a record auction of U.S. government bonds this week. Robust housing data also hurt demand for government bonds.
* An article in the Financial Times highlighting discomfort among some Federal Reserve officials with language that U.S. interest rates would remain low for an extended period also weighed on Treasuries.
* Three-year futures were 0.04 points lower at 94.54 while the 10-year contract also lost 0.04 points to 94.21.
(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 $0.9199-0.9297
* Aussie edged lower as falls in stock markets and commodities prompted traders to book profits from a rally which took the currency to 14-month highs last week.
* U.S. stocks ended lower on Friday while a rebounding U.S. dollar weighed on commodity prices. Against a basket of currencies, the U.S. dollar held above 75.50 as investors covered short positions in the U.S. dollar. It had fallen to a
14
month low of 74.94 on Oct. 21.
* Aussie eases to 84.71 yen from around 85.01 yen late here on Friday.
* Australian third-quarter producer prices data due on Monday. The numbers will feed into the third-quarter consumer price index (CPI) numbers due on Wednesday, although there has been little correlation between producer and consumer prices in the past.
* 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 on 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 35 percent chance the central bank will raise rates by 50 basis points on Nov. 3.
* Australian bond futures were lower, tracking Treasuries' losses ahead of a record auction of U.S. government bonds this week. Robust housing data also hurt demand for government bonds.
* An article in the Financial Times highlighting discomfort among some Federal Reserve officials with language that U.S. interest rates would remain low for an extended period also weighed on Treasuries.
* Three-year futures were 0.04 points lower at 94.54 while the 10-year contract also lost 0.04 points to 94.21.
(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.