AUD

New lows for the AUDUSD. Moves toward 100 day MA

• AUDUSD moves back into the lower extreme area from earlier in December

AUD/USD down over 1% as dollar gains on softer risk sentiment

• The post-Fed digestions continue to rumble in markets today

Australian jobs data - unemployment rate for November 3.4% vs. 3.4% expected

Australian data - Melbourne Institute Consumer Inflation Expectations 5.2% (prior 6.0%)

Forecast for the Reserve Bank of Australia to hike by 25bp at each of the next 2 meetings

AUDUSD runs higher. The AUD is the running with the JPY for the biggest mover today

• The AUDUSD is up 1.87%

RBA says its pandemic cheap lending policy to business failed (sort of)

AUD traders note - Reserve Bank of Australia Governor Lowe speaking Wednesday Sydney time

Australian business confidence falls to -4 (prior 0)

Australia monthly consumer sentiment survey +3.0% m/m (prior -6.9%)

Australian weekly consumer confidence survey up a touch to 82.9

AUDUSD dips below 200 hour MA. Test lows for the day

• Bounced off MA earlier today

MUFG trade of the week: Staying short AUD/JPY

• AUD/JPY up 27 pips to 92.79 today

Australian dollar climbs to a session high above 0.6800 as the dollar sags

• AUD/USD up 35 pips on the day

Australian PM announces government will set a price cap for gas (AUD12) and coal (AUD125)