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• AUD/USD +0.3% Wed after AU Sep quarter CPI prints above expectations
• AU Q3 CPI +1.3% q/q, +3.9% y/y (poll consensus: +1.2%, +3.9% respectively)
• RBA Governor Bullock says domestic capacity pressures fuelling inflation
• Futures pricing now implies 84% probability of Nov 3 RBA hike
• Contingent of RBA officials (including Bullock) before senate committee Wed
• FOMC widely expected to hold FFR steady Wed, dialogue will be critical
• WTI +0.5% in Asia to $100.42 a barrel as Middle East talks continue
• AUD sellers ahead of 0.7055 200-DMA will slow topside extension short-term
• Range Asia 0.7026-55 support 0.6865 0.6834, resistance 0.7053 0.7282
AUD Hourly Bollinger Study & DXY Daily 55/100/200-DMA
(James Connell is a Reuters market analyst. The views expressed are his own.)