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November 15, 2017 10:45 GMT
Aussie-dollar: Nov14 close...........>
AUSSIE SUMMARY
AUSSIE SUMMARY: Aussie-dollar: Nov14 close $0.7631, Nov15 Asia range
$0.7576-0.7633, Europe $0.7576-$0.7602.
*The pair weakened in Asia from $0.7629 to $0.7526 following the release of
softer than expected Australian wage data. The third quarter wage price index
came in at 0.5% which was lower than MNI's median forecast of 0.7%.
*In Europe the pair moved higher with the Eur/Usd reaching highs of $0.7602. The
pair has been trading sideways since the European open, however, it appears
nudging upwards testing session highs.
*The next area of immediate resistance for the pair is visible at $0.7633, which
is the Asia high and support appears at $0.7576, the day's low.
*Aud/Jpy followed a similar trend to the Aud/Usd as it was softer in Asia.
Strength in the yen hasn't allowed for much of a recovery for the pair as it
trades near intra-day lows of 85.53.
*Markets await US CPI and Retail sales numbers later in the day.
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