AUD

AUD/USD looks to come up for some air

• Buyers hoping to make a play before the week is over

AUDUSD helped by yield spread

• Australia 10 year rise outpaces US 10 year

Australia's good trade balance 6.786 million versus 9.400 million estimate

• Australia's goods trade balance for September

Australia S&P/ASX 200 opens up 0.65% at 6882.80. AUDUSD and NZDUSD moving higher.

• Index gets a boost from the strong US market

Australian Building Approvals for September: -4.6% m/m (expected +1.3%)

IMF tells the RBA to hike interest rates higher, and hold 'em high for longer

Australian final manufacturing PMI for October: 48.2 (prior 48.7)

AUDUSD sellers push the price below the 100/200H MA. Ups and downs continue for the pair

• AUDUSD trades below 100/200 hour MAs near 0.6374

AUDUSD Technical Analysis

• The AUDUSD pair breaks above the upper bound of the triangle pattern. What’s next?

Australian September Private Sector Credit +0.5% m/m (expected +0.3%)

Australia data - ANZ Roy Morgan weekly consumer confidence 75.0 (prior 78.2)

Australian data - September Retail Sales +0.9% m/m (vs. +0.3% expected)

Australia rejected a free trade deal with the EU - "not been able to make progress”

AUDUSD Technical Analysis - Another opportunity for the sellers

• The AUDUSD pair probes through some key boundaries but eventually remains stuck within the triangle.

Australian data: Q3 PPI 1.8% q/q (prior 0.5%) 3.8% y/y (prior 3.9%)