Published at 07:14 (GMT) 05 Oct

Fx Market Alerts

Aussie off highs of 0.8757, now seen Counting down to RBA rate hike, tomorrow, 6 October decision at 0330GMT (note the time change as clocks go forward 1 hour to GMT+11), instead of 0430GMT. Rising speculation that RBA will move tomorrow from 3.00% to 3.25%, instead of waiting for November 3 - where it could now hike by another 25bps to 3.50%. RBNZ to meet at October 29, no change to 2.50% Cash Rate seen at 2000GMT October 28 decision - with NZ Finmin Bill English saying earlier that NZ interest rates (RBNZ 2.50%), will stay below Aust (RBA 3.00% +25bps +?) for some time. AUD/USD bids still at 0.8700 lows, though a tad weighed now on back of Asian, sovereign, real money selling in EUR, GBP, pushing both lower to 1.4619-22, and 1.5940-45, from 1.4655/ 1.6025 earlier. AUD/NZD edging up to 1.2130-40, bids at 1.21 lows, eye test of 1.2200 handle again. WL