- G-20 meeting highlights.
- IMF Lagarde: Whoever wins U.S. election must tackle fiscal cliff.
- Fed’s Williams says U.S. economy still fragile.
- U.K. October BRC retail sales monitor fell 0.1% y/y.
- Australia 3rd qtr. house price index rose 0.3% q/q and rose 0.3% y/y.
- RBA leaves cash target rate unchanged at 3.25%., leaves their powder dry for next month.
- RBA says inflation data was slightly higher than expected, A$ remains higher than expected.
- Japan leading indicator index fell 1.5 points to 91.7. Coincident index fell 2.3 points to 91.2.
EUR/USD was delegated to the back of the room trading briefly above 1.2800 but then spent the rest of the session consolidating around 1.2785/90.
USD/JPY slowly drifted lower from the opening of 80.25/30 down to current support here at 80.01/03.
AUD/USD was the highlight of the evening rallying a quick 30 odd pips to 1.0400, then continued to gather momentum reaching a high of 1.0435 on the RBA rate decision. Sellers remain up around the 1.0440/50 level to cap the rally for now.
Good luck today and don’t forget to get out and vote.
