| Aussie, NZ$ up as G20 deal eases currency tensions |
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* Aussie inches up to $0.9868, from $0.9807 late in New York on Friday, and briefly touched $0.9879. Resistance at $0.9892 with support around $0.9750. * NZ dollar up at $0.7495, from $0.7463 in NY, with resistance at $0.7508 and support at $0.7426. * G20 pledged to move toward more market-determined exchange rates while emerging countries were given a bigger weight in the IMF. For full coverage see [ID:nTOE69K01G]. * Analysts looking for more fund flows into emerging market currencies, commodities and stocks, which in turn implies further weakness in the U.S. dollar. * Aussie also has relatively high yields in its favour, with two-year Australian yields paying a hefty 456 basis points over U.S., near the widest gap since mid-2008. * Reserve Bank of Australia (RBA) is thought likely to hike again in the next few months given booming export earnings and a strong mining investment. * RBA Governor Glenn Sevens gives a speech at 0025 GMT and market hoping for some guidance on the likely timing of any rise in the 4.5 percent cash rate. * Also key will be third-quarter consumer price data on Wednesday where a high result would add to the case for a hike as early as November. * Median forecasts are for underlying inflation to show a moderate rise of 0.7 percent, which would keep the annual pace around 2.6 percent and still within the RBA's long-run target of 2 to 3 percent. * Yet the central bank is focused on the risks to inflation over the next year or so which seemed tilted to the upside given its expectation of accelerating economic growth. * The Reserve Bank of New Zealand holds it policy meeting on Thursday and is widely expected to hold rates at 3 percent given a disappointing recovery. For a poll see [ID:nSGE69L008] * Aussie quoted higher on the Kiwi at NZ$1.3154 , and a shade firmer on the yen at 80.17 . * NZ dollar edges up to 60.92 yen * Australian bond futures indicated narrowly mixed. Three-year futures off 0.01 point at 95.04 and the 10-year contract up 0.005 points at 94.830. Newer news items:
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