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

AUSSIE: The Aussie jumped to the top of the G10 pile 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 last at $0.6886. 14 pips better off. Bulls still keep an eye on

$0.6900 and above here opens the $0.6935-39 area, which registered a series of

highs in May-Jun.

- AUD/JPY has added 10 pips and sits at Y74.74. A break above Y75.00 would bring

Mon & Tues highs of Y75.20 into play.

- AUD/NZD has jumped 41 pips and now trades at NZ$1.0434 as the kiwi remains the

worst G10 performer. The rally has been capped at NZ$1.0436, where the rate

topped out on Jul 29 & Jul 19. A clean break here opens the 21-DMA at NZ$1.0452.