- AUD/NZD is currently trading around 1.0914 marks.
- Pair made intraday high at 1.0948 and low at 1.0894 marks.
- Intraday bias remains bearish till the time pair holds key resistance at 1.0998 mark.
- A sustained close above 1.0947 will drag the parity higher towards key resistances at 1.0998/1.1045/1.1178/1.1224/1.1301/1.1384/1.1456 levels respectively.
- Alternatively, a daily close below 1.0947 will take the parity down towards key supports around 1.0873, 1.0798, 1.0737, 1.0693, 1.0649, 1.0590, 1.0443, 1.0371, 1.0326 and 1.0237 marks respectively.
- New Zealand Q3 consumer price index +0.5 pct vs previous quarter (poll +0.4 pct).
- New Zealand Q3 consumer price index non - tradable +0.7 pct vs previous quarter.
- Australia's S&P/ASX 200 index up 0.43 pct at 5,871.70 points in early trade.
- RBA also released monetary policy meeting minutes at 0030 GMT.
- RBA minutes - Any rate changes would be dependent on domestic economy.
- RBA minutes - Rise in A$ driven by fall in U.S. $, weighing on domestic inflation.
- RBA minutes - Increase in Q2 GDP consistent with forecasts for gradual acceleration in growth.
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