--------------(Snapshot at 8:37 a.m./2137 GMT)-----------------
FOREX (vs Late Sydney) DEBT FUTURES (Night Session) 0.9207 (0.9269) 90-DAY (MAR) 95.50 (95.48) 0.6417 (0.643) 3-YR (MAR) 94.900 (94.830) 83.58 (84.48) 10-YR (MAR) 94.415(94.330) 1.2535 (1.2558) US10-YR 3.63 (3.73)
AU$S/Term range *Support *Resistance *RSI-14 *MA-10 *MA-20
*0.9090/9330 *0.9175 *0.9235 *57.751 *0.9216 *0.9045
----------------------------(Jan 18)---------------------------
* Aussie offshore trading range $0.9215-0.9291.
* Aussie dollar starts the week under pressure after Friday's selloff, with investors turning risk averse despite reasonable U.S. economic data and corporate results.
* Aussie pressuring 92 U.S. cents and looks set to test support in the $0.9170/9185 range, which were the lows from last week.
* Friday's string of U.S. data releases were mostly in line with expectations, showing some improvement in a regional manufacturing indicator and tame consumer prices, while a measure of consumer sentiment was little changed.
* Some focus on TD's inflation gauge for December due at 1030/2330GMT. Since big retailers reported spending was not as brisk as initially expected over the holidays, it may have kept price pressures in check.
* The market is still pricing in a 69 percent change of a
25
basis point rate hike in February by the Reserve Bank of Australia and further moves to 5.0 percent by the end of the year.
* The U.S. financial markets are closed on Monday for the Martin Luther King day holiday.
* Aussie also on defensive against the yen, which benefited most from Friday's rush to safety. Aussie at 83.54 yen after losing over a yen on Friday and set to test support around 83.35.
* Aussie steadier against the euro, which had troubles of its own as concerns grew over the fiscal health of Greece . Aussie at 0.6417 euros, not far from recent highs around 0.6442.
* Commodities dragged on concerns about near-term demand prospects. The CRB index lost 1.06 pct to 281.41 and oil dropped for the fifth straight day to $78, with gold also shedding to $1,130 hurt by a rise in the dollar.
* U.S. Treasuries rallied on hopes the Federal Reserve will keep interest rates near zero for a while longer.
* Three-year futures were indicated 0.05 points up at
94.920 and 10
year futures added 0.05 points to 94.385.
(Reporting by Cecile Lefort; Editing by Wayne Cole) (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 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 $0.9215-0.9291.
* Aussie dollar starts the week under pressure after Friday's selloff, with investors turning risk averse despite reasonable U.S. economic data and corporate results.
* Aussie pressuring 92 U.S. cents and looks set to test support in the $0.9170/9185 range, which were the lows from last week.
* Friday's string of U.S. data releases were mostly in line with expectations, showing some improvement in a regional manufacturing indicator and tame consumer prices, while a measure of consumer sentiment was little changed.
* Some focus on TD's inflation gauge for December due at 1030/2330GMT. Since big retailers reported spending was not as brisk as initially expected over the holidays, it may have kept price pressures in check.
* The market is still pricing in a 69 percent change of a
25
basis point rate hike in February by the Reserve Bank of Australia and further moves to 5.0 percent by the end of the year.
* The U.S. financial markets are closed on Monday for the Martin Luther King day holiday.
* Aussie also on defensive against the yen, which benefited most from Friday's rush to safety. Aussie at 83.54 yen after losing over a yen on Friday and set to test support around 83.35.
* Aussie steadier against the euro, which had troubles of its own as concerns grew over the fiscal health of Greece . Aussie at 0.6417 euros, not far from recent highs around 0.6442.
* Commodities dragged on concerns about near-term demand prospects. The CRB index lost 1.06 pct to 281.41 and oil dropped for the fifth straight day to $78, with gold also shedding to $1,130 hurt by a rise in the dollar.
* U.S. Treasuries rallied on hopes the Federal Reserve will keep interest rates near zero for a while longer.
* Three-year futures were indicated 0.05 points up at
94.920 and 10
year futures added 0.05 points to 94.385.
(Reporting by Cecile Lefort; Editing by Wayne Cole) (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 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.