--------------(Snapshot at 8:13 a.m./2113 GMT)-----------------
FOREX (vs Late Sydney) DEBT FUTURES (Night Session) 0.8877 (0.8885) 90-DAY (MAR) 95.76 (95.74) 0.6521 (0.6499) 3-YR (MAR) 95.14 (95.09) 79.92 (79.65) 10-YR (MAR) 94.46 (94.45) 1.2747 (1.2740) US10-YR 3.69 (3.71)
AU$S/Term range *Support *Resistance *RSI-14 *MA-10 *MA-20
*0.8700/9050 *0.8787 *0.8900 *53.406 *0.8789 *0.8913
----------------------------(Feb 14)---------------------------
* Australian dollar offshore trading range roughly $0.8787-0.8913.
* Aussie firm on Monday, having recouped the losses suffered on Friday in the wake of China's surprise reserve ratio hike. Rebound helped in part by buying around $0.8787, strength against the battered euro and decent U.S. retail sales data
* Aussie steady at $0.8882, with support around $0.8868. Near-term resistance seen around $0.8900, then $0.8910-0.8915.
* Euro slides to a new 10-year low of A$1.5263, from A$1.5348 seen here late Friday. The euro had hit a nine-month low against the U.S. dollar on Friday as doubts persisted about a rescue deal for debt-stricken Greece.
* Local dollar also slightly firmer on the yen at 79.94 , from Friday's 79.65.
* China raised the level of reserves banks must hold by 50 basis points on Friday to 16.5 percent, the second reserve ratio hike for this year.
* Many investors had expected China to raise its reserve ratio requirement, but few had expected the second hike to come so soon.
* That made investors nervous that China might slow its economy too far, raising bids for safe-haven Treasuries. Australian bond futures also indicated higher early Monday.
* Three-year bond futures indicated up 0.06 points at
95.14, and ten
year bond futures indicated up 0.035 points at 94.46.
* In the wake of China's policy tightening, investors gently pared expectations that the Reserve Bank of Australia will raise interest rates by 25 basis points at its next policy meeting on March 2.
* The chance of a rate move in March is now seen at 45 percent, down from 50 percent late last week.
(Reporting by Koh Gui Qing)
((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.
* Australian dollar offshore trading range roughly $0.8787-0.8913.
* Aussie firm on Monday, having recouped the losses suffered on Friday in the wake of China's surprise reserve ratio hike. Rebound helped in part by buying around $0.8787, strength against the battered euro and decent U.S. retail sales data
* Aussie steady at $0.8882, with support around $0.8868. Near-term resistance seen around $0.8900, then $0.8910-0.8915.
* Euro slides to a new 10-year low of A$1.5263, from A$1.5348 seen here late Friday. The euro had hit a nine-month low against the U.S. dollar on Friday as doubts persisted about a rescue deal for debt-stricken Greece.
* Local dollar also slightly firmer on the yen at 79.94 , from Friday's 79.65.
* China raised the level of reserves banks must hold by 50 basis points on Friday to 16.5 percent, the second reserve ratio hike for this year.
* Many investors had expected China to raise its reserve ratio requirement, but few had expected the second hike to come so soon.
* That made investors nervous that China might slow its economy too far, raising bids for safe-haven Treasuries. Australian bond futures also indicated higher early Monday.
* Three-year bond futures indicated up 0.06 points at
95.14, and ten
year bond futures indicated up 0.035 points at 94.46.
* In the wake of China's policy tightening, investors gently pared expectations that the Reserve Bank of Australia will raise interest rates by 25 basis points at its next policy meeting on March 2.
* The chance of a rate move in March is now seen at 45 percent, down from 50 percent late last week.
(Reporting by Koh Gui Qing)
((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.