--------------(Snapshot at 8:05 a.m./2105 GMT)-----------------
FOREX (vs Late Sydney) DEBT FUTURES (Night Session) 0.9108 (0.9162) 90-DAY (DEC) 95.44 (95.44) 0.6229 (0.6217) 3-YR (DEC) 95.030(95.070) 81.03 (81.36) 10-YR (DEC) 94.460(94.465) 1.2571 (1.2599) US10-YR 3.55 (3.49)
AU$S/Term range *Support *Resistance *RSI-14 *MA-10 *MA-20
*0.8950/9350 *0.9105 *0.9190 *45.65 *0.9159 *0.9192
----------------------------(Dec 14)---------------------------
* Aussie offshore trading range $0.9105-0.9194.
* Aussie dollar loses ground to a broadly firmer U.S. dollar after upbeat U.S. data on Friday fuelled speculation the Federal Reserve would start to tighten by mid 2010.
* Aussie eases back to 91 cents but has plenty of support above last week's $0.9013 low, and set to trade sideways into a busy week of domestic data.
* Aussie likewise range-bound on the yen around 81.10 yen, with support at 79.20 and resistance up at 83.00.
* Talk of an eventual Fed hike sent U.S. Treasury yields sharply higher and dampened interest in risk trades funded by U.S. dollars, knocking gold in particular.
* Yet signs of strength in U.S. demand should be good for global growth in the longer run, and thus for commodities and the Australian dollar. Aussie thus firm on the euro and sterling.
* An improving global outlook also reinforces expectations the Reserve Bank of Australia (RBA) will hike rates again when it next meets in February, and pressures local bond futures.
* Three-year bond futures indicated 0.045 points lower at 95.030, while the 10-year contract was indicated down 0.010 points at 94.460.
* Minutes of the RBA's last policy meeting are due on Tuesday and should reiterate the central bank's confidence in the economic outlook and leave the door open for more tightening.
* Gross domestic product (GDP) data on Wednesday expected to show the economy grew a modest 0.4 percent in the third quarter with strength in government investment, housing and inventories balanced by a big drag from international trade.
(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.
* Aussie offshore trading range $0.9105-0.9194.
* Aussie dollar loses ground to a broadly firmer U.S. dollar after upbeat U.S. data on Friday fuelled speculation the Federal Reserve would start to tighten by mid 2010.
* Aussie eases back to 91 cents but has plenty of support above last week's $0.9013 low, and set to trade sideways into a busy week of domestic data.
* Aussie likewise range-bound on the yen around 81.10 yen, with support at 79.20 and resistance up at 83.00.
* Talk of an eventual Fed hike sent U.S. Treasury yields sharply higher and dampened interest in risk trades funded by U.S. dollars, knocking gold in particular.
* Yet signs of strength in U.S. demand should be good for global growth in the longer run, and thus for commodities and the Australian dollar. Aussie thus firm on the euro and sterling.
* An improving global outlook also reinforces expectations the Reserve Bank of Australia (RBA) will hike rates again when it next meets in February, and pressures local bond futures.
* Three-year bond futures indicated 0.045 points lower at 95.030, while the 10-year contract was indicated down 0.010 points at 94.460.
* Minutes of the RBA's last policy meeting are due on Tuesday and should reiterate the central bank's confidence in the economic outlook and leave the door open for more tightening.
* Gross domestic product (GDP) data on Wednesday expected to show the economy grew a modest 0.4 percent in the third quarter with strength in government investment, housing and inventories balanced by a big drag from international trade.
(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.