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Aussie jumped to the top of the G10 pile.....>

AUSSIE
MNI (London)
AUSSIE: Aussie jumped to the top of the G10 pile in Asia as domestic CPI figures
beat expectations. Headline CPI accelerated to +0.6% Q/Q & +1.6% Y/Y from the
prior 0.0% and +1.3% respectively. Quarterly trimmed mean and weighted median
metrics both accelerated in line with exp., while the prior reading of the Y/Y
weighted median was revised higher.
- AUD/USD extended react gains to $0.6899 and continues to bump up just below
$0.6900 in Europe. Above $0.6900 opens the $0.6935-39 area, which registered a
series of highs in May-Jun.
- AUD/JPY added 25 pips to Y74.89, currently sits at Y74.80. A break above
Y75.00 would bring Mon & Tues highs of Y75.20 into play.
- AUD/NZD jumped 65 pips to NZ$1.0458, now trades at NZ$1.0434 as the kiwi
remains the worst G10 performer. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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