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Having reclaimed the $0.81 handle in early...>

AUSSIE
AUSSIE: Having reclaimed the $0.81 handle in early NY the pair will look to
consolidate above here as main focus looks towards the release of Australian CPI
(Median 0.7% q/q, prior 0.6%) tomorrow at 0030GMT.
-TD Securities expect both headline and underlying inflation to rise. The
trimmed MI Monthly mean from Oct-Dec (2.5%/yr) suggests upside risk to their
forecast. If underlying inflation reaches 2% after two years tracking below
RBA's target band, it would exceed the RBA's Nov projection of 1.75%.
-According to RBC partial indicators suggest a small pick-up in headline
inflation in Q4, with the key core measures likely to remain more subdued. RBC
expect headline inflation to rise by 0.8% q/q, taking the y/y rate to 2.1%.
Aud/Usd last $0.8112.

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