--------------(Snapshot at 8:20 a.m./2120 GMT)-----------------
FOREX (vs Late Sydney) DEBT FUTURES (Night Session) 0.8984 (0.8980) 90-DAY (MAR) 95.59 (95.61) 0.6270 (0.6253) 3-YR (MAR) 94.88 (94.93) 83.55 (83.02) 10-YR (MAR) ~ (94.235) 1.2400 (1.2368) US10-YR 3.84 (3.79)
AU$S/Term range *Support *Resistance *RSI-14 *MA-10 *MA-20
*0.8566/9010 *0.8950 *0.9010 *56.203 *0.8874 *0.8974
----------------------------(Jan 3)----------------------------
* Aussie offshore trading range $0.8929-0.9009.
* Aussie steady as trade resumes in the new year and likely to face resistance between $0.9005-$0.9010 in the near term.
* Also steady on the yen at 83.46, in sight of a
6-1/2
week high of 83.83 hit on Dec. 31.
* Aussie bond futures weaker, with three-year futures down 0.04 points at 94.90.
* Australian economic data flow kicks off with retail sales on Thursday. Sales are expected to have grown 0.3 percent on the month.
* A strong figure could fuel talk that the Reserve Bank of Australia (RBA) may raise interest rates by another 25 basis points to 4.0 percent at its next meeting on Feb 2.
* The RBA last month cooled expectations for a steady drum roll of rate rises when it said that monetary policy was back in a normal range.
* Speculation on possible rises in U.S. interest rates will also be a factor behind Aussie trading.
* No major data due in the region on Monday so Aussie likely to take trading leads from Asian share markets. Asian equities ended 2009 on their best performance since 1993, helped by hopes that the U.S. economy was gradually recovering.
(Reporting by Koh Gui Qing; editing by Balazs Koranyi)
((Guiqing.Koh@ThomsonReuters.com; Reuters Messaging; guiqing.koh.reuters.com@reuters.net; +61 2 9373 1821))
Keywords: MARKETS AUSTRALIA BONDS/FOREX (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. 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 $0.8929-0.9009.
* Aussie steady as trade resumes in the new year and likely to face resistance between $0.9005-$0.9010 in the near term.
* Also steady on the yen at 83.46, in sight of a
6-1/2
week high of 83.83 hit on Dec. 31.
* Aussie bond futures weaker, with three-year futures down 0.04 points at 94.90.
* Australian economic data flow kicks off with retail sales on Thursday. Sales are expected to have grown 0.3 percent on the month.
* A strong figure could fuel talk that the Reserve Bank of Australia (RBA) may raise interest rates by another 25 basis points to 4.0 percent at its next meeting on Feb 2.
* The RBA last month cooled expectations for a steady drum roll of rate rises when it said that monetary policy was back in a normal range.
* Speculation on possible rises in U.S. interest rates will also be a factor behind Aussie trading.
* No major data due in the region on Monday so Aussie likely to take trading leads from Asian share markets. Asian equities ended 2009 on their best performance since 1993, helped by hopes that the U.S. economy was gradually recovering.
(Reporting by Koh Gui Qing; editing by Balazs Koranyi)
((Guiqing.Koh@ThomsonReuters.com; Reuters Messaging; guiqing.koh.reuters.com@reuters.net; +61 2 9373 1821))
Keywords: MARKETS AUSTRALIA BONDS/FOREX (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. 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.