US ratings agency Moody’s out with a note 23 Oct
- Australian banks funding and liquidity levels will stay stable
- stable outlook underpinned by favourable domestic economic trends and strengthening capital positions, stable profitability
- home loan re-pricing will prop up net interest margins and profitability
AUDUSD 0.7821 just off session highs after some general USD supply and having found support into 0.7800. Expect offers/res around 0.7830 again then larger into 0.7850.