WELLINGTON/SYDNEY: The Aussie and New Zealand dollars were sharply lower in thin trade on Tuesday as further worries about euro zone finances and the broader global outlook weighed ahead of a central bank rate call.
* The Aussie down at $1.0536, after hitting a 10-day low of $1.0512 overnight, compared with $1.0590 in late local trade on Monday.
* Aussie seen supported at $1.0525 with resistance at $1.0575 ahead of current account data and the Reserve Bank of Australia's rate call at 0430 GMT.
* Reuters poll shows the central bank is almost certain to keep rates on hold at 4.75 percent for a 10th straight month. Focus will be on the tone of the brief statement and how it balances domestic optimism against global uncertainty.
* A small chance of a cut is still being priced in for today and a total of 81 basis points of easing by Christmas, though that is around half the peak forecast last month.
* The New Zealand dollar resumes around $0.8315 having fared worse tumbling to a low of $0.8295 overnight, a 10-day low, from its late local level of $0.8444.
* Kiwi seen going with broader market direction with support initially at $0.8278 and below that the 100-day moving average around $0.8230. Resistance at $0.8400.
* The euro falls broadly on Monday, hitting a one-month low versus the dollar as worries about Greek and Italian public finances and a regional election rout for Germany's ruling party added to concerns about the euro zone debt crisis. Markets thinned by the US being shut for a holiday.
* European Central Bank President Jean-Claude Trichet says ECB experts disagreed with the IMF's method for assessing the capital requirements of European banks and that the Fund's final figure would be well below 200 billion euros.
* The Greek government is given more time to take the decisions needed to keep its EU-IMF bailout programme on track.
* Group of 7 leaders, who meet later in the week, are likely to agree to keep monetary policy accommodative, but will not agree on joint forex intervention, according to a source spoken to by Reuters. See
* Aussie perks up on cross rate against the kiwi pushing back towards a two-week high, last at NZ$1.2666.
* The reduced appetite for risk sees the Antipodeans still under pressure against the safe-haven yen, just above 10-day lows, with the Aussie last at 81.14 yen , and the kiwi at 64.03 yen .
* New Zealand government bonds carry on previous day's rally, with local yields 3 basis points lower across the curve.
* The Australian three-year contract rises 0.03 points to 96.340 and the 10-year climbing 0.05 points to 95.805.
Copyright Reuters, 2011
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