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• AUD/USD +0.2% Wed as risk sentiment improves in Asia, Nasdaq futures +1.2%
• CoreWeave +17.1% in extended hours trading after beating quarterly estimates
• Building Fed rate hike anxiety likely to keep lid on moves
• Futures pricing currently implies 88% chance of 25 bps Fed hike on Dec 9
• AUD 0.6835 support pivotal, break below opens door for much larger fall
• AU Q3 housing finance -15.5% q/q, investment housing finance -32.3% q/q
• RBA Nov meeting minutes due & Governor Bullock speaking at ASIC forum Nov 17
• Overnight range 0.6865-85 support 0.6835 0.6662, resistance 0.7140 0.7282
AUD Daily 21/55/100-DMA
(James Connell is a Reuters market analyst. The views expressed are his own.)