AUD/NZD last deals at NZ$1.0660, a......>

AUSSIE-KIWI: AUD/NZD last deals at NZ$1.0660, a handful of pips lower on the

day. Australian labour market report comes out within a few minutes.

- Australian consumer inflation expectation, released earlier today, rose to

4.0% from the prior 3.6%. Elsewhere, RBNZ Dep Gov Bascand gave an interview to

RTRS, basically sticking to the central message re: the most recent monetary

policy decision & adding that the interest rate impact on the RBNZ's bank

capital proposals probably wouldn't be extensive.

- The rate tumbled yesterday as the RBNZ unexpectedly left the OCR unchanged,

even as market pricing and most analysts' forecasts called for a 25bp cut.

Uncertainty around the U.S.-China trade situation allowed the pair to slightly

extend losses through the rest of the day.

- A clean break under NZ$1.0651, which limited losses yesterday, would bring the

100-DMA at NZ$1.0622 into view. Below opens the psychological NZ$1.0600 barrier.

On the flip side, bulls need to reclaim the NZ$1.0665-69 area, which acted as a

support zone through Oct, before targeting the 23.6% retracement of the Aug 6 -

Nov 7 rally (YtD range) & the peak of Sep 12 at NZ$1.0724.