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AUSSIE 10-YEAR TECHS

(Z1) Off Lows, But Remains Weak

US TSYS

A Flat Restart

RBNZ

VIEW: Kiwibank Look For More Hikes

AUSSIE 3-YEAR TECHS

(Z1) Sell-Off Abates

: Aud/Usd: European open $0.7536,....>

AUSSIE SUMMARY
AUSSIE SUMMARY: : Aud/Usd: European open $0.7536, range $0.7535-80, NY open
$0.7574, range $0.7548-0.7580
*Continued to extend the slow grind higher with the kiwi to fresh session highs
of $0.7580,
ahead of the NY open.
*As NY opened the greenback received a small lift across the board, as US Tsys
yields firmed
with the rate slipping towards $0.7565.
*Broad based dollar demand, this combined with a drop in commodities has
seen the rate drop towards $0.755.
*Following commodities falling and broad based dollar demand ahead of
tomorrows FOMC, has seen the rate drop towards $0.7545.