-------------(Snapshot at 8:05 a.m./2105 GMT)------------------
FOREX (vs Late Sydney) DEBT FUTURES (Night Session) 0.9155 (0.9216) 90-DAY (JUN) 95.37 (95.37) 0.6759 (0.6768) 3-YR (JUN) 94.69 (94.70) 82.86 (83.37) 10-YR (JUN) 94.310(94.345) 1.2950 (1.2893) US10-YR 3.69 (3.67)
AU$S/Term range *Support *Resistance *RSI-14 *MA-10 *MA-20
*0.8975/9330 *0.9130 *0.9168 *56.177 *0.9160 *0.9072
-----------------------------(Mar 22)--------------------------
* Australian dollar offshore trading range $0.9130-0.9224.
* Local dollar softer around $0.9155 having been pulled back by weaker commodity prices, a dip on Wall Street and more sovereign debt worries in Europe.
* Facing resistance around $0.9170 and last week's $0.9250 high. Support at $0.9130 and $0.9095.
* Aussie also loses ground to safe-haven yen, slipping to 82.86, but firm on euro and sterling which have troubles of their own. Euro made a fresh decade low at A$1.4711.
* Market still smarting from Friday's surprise rise in interest rates from India which knocked commodity prices, though many analysts felt the central bank was moving proactively to sustain growth in the long run.
* Strong demand from India and China has been the driver of rising commodity prices so anything that threatens to cool those economies tends to hurt sentiment.
* India is also a major buyer of Australian commodity exports, so any slackening in demand there could crimp the country's trade account.
* The CRB index lost 1.1 percent Friday, while oil, gold and copper all declined.
* Investors also uneasy over Greece with EU leaders seemingly at odds over the need for financial support. A summit of leaders on March 25-26 is the next flash point.
* Aussie should remain underpinned by expectations of more interest rate rises at home with the market fully priced for a move to 4.25 percent by June.
* Central bank events later in the week include a speech from Reserve Bank of Australia (RBA) Governor Stevens on Friday, while on Thursday Assistant governor Lowe talks and the bank releases its financial stability review.
* Only domestic data on Monday is vehicle sales for February, and market likely to be thin with Japan on holiday.
(Reporting by Wayne Cole; Editing by Balazs Koranyi) (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.
* Australian dollar offshore trading range $0.9130-0.9224.
* Local dollar softer around $0.9155 having been pulled back by weaker commodity prices, a dip on Wall Street and more sovereign debt worries in Europe.
* Facing resistance around $0.9170 and last week's $0.9250 high. Support at $0.9130 and $0.9095.
* Aussie also loses ground to safe-haven yen, slipping to 82.86, but firm on euro and sterling which have troubles of their own. Euro made a fresh decade low at A$1.4711.
* Market still smarting from Friday's surprise rise in interest rates from India which knocked commodity prices, though many analysts felt the central bank was moving proactively to sustain growth in the long run.
* Strong demand from India and China has been the driver of rising commodity prices so anything that threatens to cool those economies tends to hurt sentiment.
* India is also a major buyer of Australian commodity exports, so any slackening in demand there could crimp the country's trade account.
* The CRB index lost 1.1 percent Friday, while oil, gold and copper all declined.
* Investors also uneasy over Greece with EU leaders seemingly at odds over the need for financial support. A summit of leaders on March 25-26 is the next flash point.
* Aussie should remain underpinned by expectations of more interest rate rises at home with the market fully priced for a move to 4.25 percent by June.
* Central bank events later in the week include a speech from Reserve Bank of Australia (RBA) Governor Stevens on Friday, while on Thursday Assistant governor Lowe talks and the bank releases its financial stability review.
* Only domestic data on Monday is vehicle sales for February, and market likely to be thin with Japan on holiday.
(Reporting by Wayne Cole; Editing by Balazs Koranyi) (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.