- Fed’s Dudley says U.S. housing gradually doing better.
- N.Z. 3rd Qtr CPi rose 0.3% q/q and 0.8% y/y, lower than forecast.
- Samaras confident Athens will secure aid tranche.
- Obama,Romney dance around ‘fiscal cliff’.
- Ontario Premier Dalton McGuinty resigns.
- RBA bank board meeting minutes, saw likelihood economic growth would be somewhat weaker than forecast in coming years.
- Hillary takes responsibility for Benghazi.
- Fed’s William’s says U.S. must get fiscal house in order.
- Fed’s Williams says bond buying plan meant to be flexible.
The most excitement we had all evening was on the New Zealand CPI sending the Kiwi down 20 pips after it was released. other than that fairly narrow trading ranges across the board.
EUR/USD tested the sellers up at 1.2980 and backed off ending up here at 1.2963/64. Some support early was just below 1.2945/50.
USD/JPY was slowly bid starting out on session lows of 78.62/64 and now testing the highs at 78.82/84.
AUD/USD found support below 1.0250 and sellers above at 1.0280 as the RBA minutes disappointed those who were looking for some new information. We now wait on more China news to give us direction.
Have a good day.
